Synaptics Q1 Revenue Outlook $240M-$260M Vs. $257.67M
Portfolio Pulse from Benzinga Newsdesk
Synaptics has provided its revenue outlook for Q1 of fiscal 2025, expecting revenue between $240M and $260M, compared to the consensus estimate of $257.67M. The company also provided details on expected gross margins and operating expenses.
August 08, 2024 | 8:23 pm
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Synaptics has provided its Q1 fiscal 2025 revenue outlook, expecting revenue between $240M and $260M, close to the consensus estimate of $257.67M. The company also provided details on expected gross margins and operating expenses.
The revenue outlook provided by Synaptics is close to the consensus estimate, which suggests a neutral short-term impact on the stock price. The detailed guidance on gross margins and operating expenses provides additional clarity for investors.
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