Synaptics Inc. (SYNA) reported second quarter non-GAAP net income of $0.53 per share after the close Thursday, down from $0.68 per share a year ago. Revenues slipped to $143.0 million from $145.5 million last year. The consensus estimates were for EPS of $0.45 and revenues of $137.72 million. Revenues for the third quarter are expected to be between $140.0 million and $148.0 million, compared to the consensus estimate of $133.74 million.
Synaptics gapped open sharply higher Friday, but traded in a range for the bulk of the session. The stock finished up by 3.88 at $36.43 on the highest volume of the year. Synaptics broke out of a week and a half long range and set a 10-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.