Synaptics Incorporated · NASDAQ:SYNA
Synaptics — Q1 FY2020 Earnings Presentation
14 slides from Synaptics's earnings presentation, Nov 7, 2019
Slide 1: First Quarter Fiscal 2020 Earnings Supplemental Slides
First Quarter Fiscal 2020 Earnings Supplemental Slides November 7, 2019 Exhibit 99.2
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
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
Slide 4: Q1FY20 Highlights
Q1FY20 Highlights Business Highlights Michael Hurlston joins Synaptics as new president and chief executive officer Dean Butler joins Synaptics as new chief financial officer Leading US search provider launched smart speaker and Wi-Fi router powered by Synaptics’ edge computing SoC with integrated m
Slide 5: Q1FY20 Financial Results
Q1FY20 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 %
Slide 6: Q1FY19 and Q1FY20 Results vs Q1FY20 Guidance
Q1FY19 and Q1FY20 Results vs Q1FY20 Guidance See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures
Slide 7: First Quarter Fiscal 2020 Cash & Debt
First Quarter Fiscal 2020 Cash & Debt Debt amounts presented above are as of the end of each quarter presented and represent the balances due to third parties and exclude discount & debt issuance cost adjustments as presented on our balance sheet. $ Millions
Slide 8: First Quarter Fiscal 2020 Balance Sheet
First Quarter Fiscal 2020 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 3.29 million shares in FY ‘19 for $119 million
Slide 9: Second Quarter Fiscal 2020 Guidance
Second Quarter Fiscal 2020 Guidance See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures
Slide 10: Revenue Trend
Revenue Trend $ Millions Mid-Point Guidance
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 Mid-Point Guidance
Slide 12: GAAP to Non-GAAP Reconciliation Tables
GAAP to Non-GAAP Reconciliation Tables
Slide 13: GAAP to Non-GAAP Reconciliation Tables - continued
GAAP to Non-GAAP Reconciliation Tables - continued
Slide 14: @ Synaptics
@ Synaptics (©2019 Synaptics Incorporated Synaptic he Synapt o, Tosa, Cha, Sere, Ces, Claviow, yap Tous, Nata 1D, ClearForce, SentryPoint, AudioSmart, VideoSmart, mena, 'SyNAP, Design Studio, Image Studi SafeSense are trademarks or registered trademarks of Synaptics nope orits fates inte United Stat