Slide 1: Fourth Quarter Fiscal 2021 Earnings Supplemental Slides
Fourth Quarter Fiscal 2021 Earnings SUPPLEMENTAL SLIDES AUGUST 5, 2021
Slide 2: Safe Harbor Statement
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, and the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations and projections relatin
Slide 3: Fiscal Year 2021 Highlights
Fiscal Year 2021 Highlights Financial Highlights for FY2021 • Record GAAP and Non-GAAP gross margins • Record Non-GAAP Net Income and EPS • Record cash flow from operations of $319 million, cash of $836 million on the balance sheet • Non-GAAP Net Income up +53%; $316 million compared to $207 million
Slide 4: Q4'FY21 Highlights
Q4’FY21 Highlights Financial Highlights for Q4’FY21 • Revenue above midpoint of guidance range • Record GAAP and non-GAAP gross margin – Non-GAAP gross margin at the high-end of guidance range; eight sequential quarters of improvement • Non-GAAP net income and EPS above the high-end of guidance rang
Slide 5: Q4'FY21 Financial Results
Q4’FY21 Financial Results Year over Year Q1’19 Q1’18 Actual Actual Delta $ Delta % See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures © 2021 Synaptics Incorporated 5
Slide 6: Q4'FY20 and Q4'FY21 Results vs Q4'FY21 Guidance
Q4’FY20 and Q4’FY21 Results vs Q4’FY21 Guidance See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures © 2021 Synaptics Incorporated 6
Slide 7: Q4'FY21 Cash & Debt
$ Millions Q4’FY21 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. © 2021 Synaptics Incorporated 7
Slide 8: Q4'FY21 Balance Sheet
Q4’FY21 Balance Sheet • Balances are as of the end of each quarter presented • Debt, net balance reflects debt net of discount and debt issuance costs © 2021 Synaptics Incorporated 8
Slide 9: Q1'FY22 Guidance
Q1’FY22 Guidance See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures © 2021 Synaptics Incorporated 9
Slide 10: Revenue Trend and Guidance
Revenue Trend Guidance Mid-Point $ Millions © 2021 Synaptics Incorporated 10
Slide 11: Non-GAAP Net Income & EPS Fiscal Quarter Trend and Guidance
Non-GAAP Net Income & EPS Fiscal Quarter Trend Guidance $ Millions Mid-Point See the tables at the end of this presentation for a reconciliation of GAAP results to non-GAAP financial measures © 2021 Synaptics Incorporated 11
Slide 12: GAAP to Non-GAAP Reconciliation Tables
GAAP to Non-GAAP Reconciliation Tables © 2021 Synaptics Incorporated 12
Slide 13: GAAP to Non-GAAP Reconciliation Tables - continued
GAAP to Non-GAAP Reconciliation Tables - continued © 2021 Synaptics Incorporated 13
Slide 14: Engineering Exceptional Experiences
Engineering Exceptional Experiences © 2021 Synaptics Incorporated 14