Synaptics Inc. Is Pulling Back After Q2 Report

Synaptics Inc. (SYNA) reported second quarter EPS of $0.62 after the close Thursday, compared to the $0.84 reported last year. The consensus estimate was for EPS of $0.56. Revenues slipped to $133.3 million, from $141.5 million last year. The stock is now down 3.06 on 23K shares.

Synaptics Inc. traded to the upside for the bulk of the first half of Thursday's session. Shares finished higher by 0.77 at $30.35. The stock rebounded off of its 200-day moving average, following over a week-long decline.

by RTTNews Staff Writer

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