Synaptics Reports Strong Third Quarter Earnings

4/25/2002 - Synaptics Incorporated (Nasdaq: SYNA) today reported financial results for the third fiscal quarter ended March 31, 2002. Net revenue for the third quarter of fiscal 2002 was $24.4 million, a 24% increase compared to $19.6 million for the third quarter of the prior fiscal year. Pro forma net income, excluding non-cash charges related to the amortization of intangibles and deferred stock-based compensation, for the third quarter was $2.6 million, or $0.15 per basic share and $0.11 per diluted share. This compares to pro forma net income of $747,000, or $0.12 per basic share and $0.04 per diluted share, for the third quarter of the prior fiscal year.

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