Synaptics Q4 Profit Rises - Quick Facts

(RTTNews) - Synaptics (SYNA) reported that its fourth-quarter net income increased to $45.3 million, or $1.29 per share, from $12.3 million, or $0.36 per share, last year. Non-GAAP net income for the fourth quarter was $48.9 million, or $1.39 per share.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $1.28 for the quarter. Analysts' estimates typically exclude special items.

Net revenue was $230.2 million, an increase of 67% compared to $137.6 million last year. Analysts expected revenue of $228.69 million for the quarter.

The company anticipates revenue to be in the range of $210 million to $225 million for the first fiscal quarter. Analysts expect the company to report first-quarter revenue of $217.14 million.