Synaptics Incorporated reported earnings results for the second quarter and six months ended December 30, 2023. For the second quarter, the company reported sales was USD 237 million compared to USD 353.1 million a year ago. Net loss was USD 9 million compared to net income of USD 22 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to basic earnings per share from continuing operations of USD 0.55 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to diluted earnings per share from continuing operations of USD 0.55 a year ago.
For the six months, sales was USD 474.7 million compared to USD 801.2 million a year ago. Net loss was USD 64.6 million compared to net income of USD 86.6 million a year ago. Basic loss per share from continuing operations was USD 1.66 compared to basic earnings per share from continuing operations of USD 2.18 a year ago. Diluted loss per share from continuing operations was USD 1.66 compared to diluted earnings per share from continuing operations of USD 2.14 a year ago.