Synaptics Inc (SYNA) revealed earnings for its first quarter that increased from last year.
The company said its bottom line advanced to $56.9 million, or $1.49 per share. This was higher than $40.9 million, or $1.04 per share, in last year's first quarter.
Analysts had expected the company to earn $1.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 66.2% to $470.0 million. This was up from $282.8 million last year.
Synaptics Inc earnings at a glance:
-Earnings (Q1): $56.9 Mln. vs. $40.9 Mln. last year.
-Earnings Growth (Y-o-Y): 39.1%
-EPS (Q1): $1.49 vs. $1.04 last year.
-EPS Growth (Y-o-Y): 43.3%
-Analysts Estimate: $1.47
-Revenue (Q1): $470.0 Mln vs. $282.8 Mln last year.
-Revenue Change (Y-o-Y): 66.2%
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