Synaptics Incorporated reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was USD 237.7 million compared to USD 448.1 million a year ago. Net loss was USD 55.6 million compared to net income of USD 64.6 million a year ago.

Basic loss per share from continuing operations was USD 1.43 compared to basic earnings per share from continuing operations of USD 1.62 a year ago. Diluted loss per share from continuing operations was USD 1.43 compared to diluted earnings per share from continuing operations of USD 1.59 a year ago.