Synaptics Incorporated · NASDAQ:SYNA
Synaptics — Q4 FY2018 Earnings Presentation
13 slides from Synaptics's earnings presentation, Aug 9, 2018
Slide 1: Fourth Quarter Fiscal 2018 Earnings
Fourth Quarter Fiscal 2018 Earnings August 9, 2018 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: Synaptics Key Commentary
Synaptics Key Commentary Diversification leading to expected gross margin expansion and earnings growth in FY19 Fourth consecutive quarter of gross margin improvement drove Q4 EPS to high-end of guidance range Shifting investment from mobile fingerprint to higher growth loT Began shipment of OLED di
Slide 5: Q4 FY'18 Financial Results
Q4 FY’18 Financial Results See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures
Slide 6: Non-GAAP Q4 FY'17 and Q4 FY'18 Results vs Q4 FY'18 Guidance
Non-GAAP Q4 FY’17 and Q4 FY’18 Results vs Q4 FY’18 Guidance Q4’18 IoT Product Line revenue percentage includes $27.7M previously classified as Mobile (Interface and Automotive) Q4’17 IoT Product Line revenue percentage includes $23.7M previously classified as Mobile (Interface and Automotive) See th
Slide 7: Fourth Quarter Fiscal 2018 Cash & Debt
Fourth Quarter Fiscal 2018 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: Fourth Quarter Fiscal 2018 Balance Sheet
Fourth Quarter Fiscal 2018 Balance Sheet Balances presented above are as of the end of each quarter presented Q3’18 Inventory balance includes $0.6M of purchase accounting inventory fair value adjustment Current Liabilities balance reflects current liabilities except for debt Debt, net balance refle
Slide 9: Non-GAAP First Quarter Fiscal 2019 Guidance
Non-GAAP First Quarter Fiscal 2019 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 Q1’18 is a 14 week period, all other quarters presented are 13 week periods 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
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