Synaptics (NASDAQ:SYNA) reports 2Q17 Profit Down 6.9%

0
382

Synaptics (NASDAQ:SYNA) reports 2Q17 Profit Down 6.9%

Synaptics (NASDAQ:SYNA) headquartered in San Jose, California reported net income for the second quarter of $ 22.80 million or $ 0.64 per share, compared to income $ 35.00 million or $ 0.93 per share for the year-ago quarter.
The company reported second quarter Non-GAAP net income of $ 53.40 million or $ 1.49 per share, while analysts from Thomson Reuters expected $ 1.29 per share.

Top line figures for the second quarter decreased to $ 461.30 million from $ 470.50 million in the same quarter last year, where as analysts anticipated $ 448.24 million.