Synaptics Incorporated · NASDAQ:SYNA

Synaptics — Q2 FY2019 Earnings Presentation

13 slides from Synaptics's earnings presentation, Feb 7, 2019

  1. Slide 1: Second Quarter Fiscal 2019 Earnings

    Second Quarter Fiscal 2019 Earnings February 7, 2019 Exhibit 99.2

  2. Slide 2: Safe Harbor Statement

    This presentation contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended (the “Securities Act”), and the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements give our current expectations a

  3. Slide 3: Non-GAAP Results

    Non-GAAP Results •In evaluating our business, we consider and use non-GAAP net income, which we define as net income excluding share-based compensation, acquisition related costs, and certain other non-cash or recurring and non-recurring items we do not believe are indicative of our core operating p

  4. Slide 4: Synaptics Key Commentary

    Synaptics Key Commentary Executing to Synaptics 3.0 strategy Six consecutive quarters of non-GAAP gross margin improvement Sampling industry-first 22nm IoT solutions to key customers Uniquely positioned to win in OLED ramp with lower power OLED DDIC solutions On track to double automotive revenue by

  5. Slide 5: Q2 FY'19 Financial Results

    Q2 FY’19 Financial Results See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures Year over Year Q1’19 Actual Q1’18 Actual Delta $ Delta %

  6. Slide 6: Non-GAAP Q2 FY'18 and Q2 FY'19 Results vs Q2 FY'19 Guidance

    Non-GAAP Q2 FY’18 and Q2 FY’19 Results vs Q2 FY’19 Guidance See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures

  7. Slide 7: Second Quarter Fiscal 2019 Cash & Debt

    Second Quarter Fiscal 2019 Cash & Debt Repurchased 988,000 shares during Q2 FY19 for $38 million; and repurchased 1.85 million shares YTD FY19 for $77 million. Debt amounts presented above are as of the end of each quarter presented and represent the balances due to third parties and exclude discoun

  8. Slide 8: Second Quarter Fiscal 2019 Balance Sheet

    Second Quarter Fiscal 2019 Balance Sheet Balances are as of the end of each quarter presented Debt, net balance reflects debt net of discount and debt issuance costs Repurchased 988,000 shares during Q2’19 for $38 million; and repurchased 1.85 million shares YTD ‘19 for $77 million

  9. Slide 9: Non-GAAP Third Quarter Fiscal 2019 Guidance

    Non-GAAP Third Quarter Fiscal 2019 Guidance See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures

  10. Slide 10: Revenue Trend

    Revenue Trend $ Millions Q1’18 is a 14 week period, all other quarters presented are 13 week periods Mid-Point Guidance

  11. Slide 11: Non-GAAP Net Income & EPS Fiscal Quarter Trend

    Non-GAAP Net Income & EPS Fiscal Quarter Trend Non-GAAP Net Income Non-GAAP EPS See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures

  12. Slide 12: GAAP to Non-GAAP Reconciliation Tables

    GAAP to Non-GAAP Reconciliation Tables

  13. Slide 13: GAAP to Non-GAAP Reconciliation Tables - continued

    GAAP to Non-GAAP Reconciliation Tables - continued

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