Synaptics Incorporated Reports Unaudited Consolidated Financial Results for the Fiscal Second Quarter and Six Months Ended December 31, 2016; Provides Revenue Guidance for the Third Quarter of Fiscal 2017
For the six months, the company reported net revenue of $847.5 million against $940.5 million a year ago. Operating income was $34.4 million against $79.1 million a year ago. Income before provision for income taxes was $34.1 million against $77.5 million a year ago. Net income was $26.5 million or $0.74 per diluted share against $58.8 million or $1.55 per diluted share a year ago. Non-GAAP operating income was $102.7 million against $143.2 million a year ago. Non-GAAP net income was $87.6 million or $2.45 per diluted share against $117.2 million or $3.08 per diluted share a year ago.
The company anticipates revenue for the third quarter of fiscal 2017 to be in the range of $410 to $450 million.