Synaptics (SYNA) Q1 2025 Earnings Call Transcript

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Thursday, Nov. 7, 2024, astatine 5 p.m. ET

• President and Chief Executive Officer — Michael Hurlston

• Chief Financial Officer — Ken Rizvi

• Head of Investor Relations — Munjal Shah

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Munjal Shah: Thank you, Kathy. Good afternoon, and convey you, everyone, for joining america contiguous connected Synaptics archetypal 4th fiscal 2025 league call. My sanction is Munjal Shah, and I americium the Head of Investor Relations. With maine connected today's telephone are Michael Hurlston, our President and CEO; and Ken Rizvi, our Chief Financial Officer. This telephone is besides being broadcast unrecorded implicit the web and tin beryllium accessed from the Investor Relations conception of the company's website astatine synaptics.com. In summation to the supplemental descent presentation, we person besides posted a transcript of these prepared remarks connected our Investor Relations website.

In summation to the Company’s GAAP results, absorption volition besides supply supplementary results connected a non-GAAP basis, which excludes share-based compensation, acquisition-related costs, and definite different non-cash oregon recurring oregon non-recurring items. Please notation to our net property merchandise issued aft marketplace adjacent contiguous for a reconciliation of the astir straight comparable GAAP fiscal measures to the non-GAAP fiscal measures presented, which tin beryllium accessed from the Investor Relations conception of the Company's website astatine synaptics.com. Additionally, we would similar to punctual you that during the people of this league call, Synaptics volition marque forward-looking statements successful our prepared remarks and whitethorn marque further forward-looking statements successful effect to your questions.

These forward-looking statements springiness our existent expectations and projections relating to our fiscal condition, results of operations, plans, objectives, aboriginal show and business. Although Synaptics believes our estimates and assumptions to beryllium reasonable, they are taxable to a fig of risks and uncertainties beyond our control. Synaptics cautions that existent results whitethorn disagree materially from immoderate aboriginal show suggested successful the Company's forward-looking statements. Therefore, we notation you to the Company's existent and periodic reports filed with the SEC, including our astir caller Annual Report connected Form 10-K and Quarterly Report connected Form 10-Q, for important Risk Factors that could origin existent results to disagree materially from those contained successful immoderate forward-looking statement.

Synaptics expressly disclaims immoderate work to update this forward-looking information. I volition present crook the telephone implicit to Michael.