UPDATE 3-Thumbs down for Fingerprint after scraps forecast, ditches dividend [Reuters]
Synaptics Incorporated (SYNA)
Last synaptics incorporated earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
investor.synaptics.com/node/5806
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Source: Reuters
* FPC scraps 2017 forecasts, dividend * Sees even lower Q1 revenue, weakness in Q2 * Shares down as much as 42 pct (Updates share price in final paragraph) By Helena Soderpalm and Olof Swahnberg STOCKHOLM, March 21 Shares in Fingerprint Cards(FPC) plunged as much as 42 percent on Tuesday afterthe former stock market star scrapped plans to pay a dividendand said it could not forecast likely earnings for 2017. The Swedish company, which as its name suggests providesfingerprint sensors for technology products, blamed weakerdemand from smartphone makers and inventory build-up for thewarning. It has been losing its dominant market position as morecompanies switch to using two or three suppliers rather thanrelying solely on its products. FPC has 20-30 competitors globally and its main rivalsinclude China's Goodix, Silicon Valley-based Synapticsand Taiwan's Egis Technology. Carnegie analyst Havard Nilsson warned that FPC's revenuemight decline this year after
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SYNA
News
- Synaptics Astra™ SL-Series Wins Best in Show at Embedded World [Yahoo! Finance]Yahoo! Finance
- Synaptics Astra™ SL-Series Wins Best in Show at Embedded World [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Synaptics Astra™ SL-Series Wins Best in Show at Embedded WorldGlobeNewswire
- Synaptics Introduces Astra Platform For Edge AI [Forbes]Forbes
- Synaptics to Report Third Quarter Fiscal 2024 Results on May 9, 2024GlobeNewswire
SYNA
Earnings
- 2/8/24 - Beat
SYNA
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- 3/7/24 - Form 3
- SYNA's page on the SEC website