SYNAPTICS Inc (SYNA): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Synaptics reported Q1 earnings of $1.26 per share, up 15.6% YoY, beating estimates, while revenue grew 0.5% to $294M, missing estimates. Weak demand and supply constraints impacted results. The company expanded its Edge AI portfolio and withheld guidance due to its pending acquisition by onsemi.

Synaptics Inc. (SYNA) reported a fiscal Q1 loss of $17.7M, or 45 cents per share, with adjusted earnings of $1.26 per share. Revenue was $294M, missing analyst estimates of $318.2M.

Synaptics reported Q1 Non-GAAP EPS of $1.26, beating estimates by $0.01, but revenue of $294M missed expectations by $21.68M. The company is involved in a potential acquisition by ONsemi, with Cirrus Logic also reportedly making a bid.

SYNAPTICS Inc (SYNA) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Synaptics Reports First Quarter Fiscal 2027 Results Q1'27 Financial Results • Revenue of $294.0 million, up 1% year-over-year • GAAP gross margin of 47.8% • Non-GAAP gross margin of 54.3% • GAAP loss per share of $0.45 • Non-GAAP diluted earnings per share of $1.26 K

FPA Queens Road Small Cap Value Fund reported a -7.62% Q3 2026 return, underperforming the Russell 2000 Value Index. The fund reduced its stake in Synaptics (SYNA) following its acquisition by Onsemi (ON) for $7B. SYNA's stock traded between $58.28 and $149.11 over 52 weeks, closing at $117.86 on October 30, 2026. The fund cited SYNA's legacy in chip design and its Astra IoT/AI solution as key factors.

Onsemi revised its acquisition of Synaptics, offering $123 per share in cash, reducing the deal's value from $7B to $5.7B. The change followed a rival bid from Cirrus Logic, which later withdrew. Onsemi's shares rose 6%, and Synaptics gained 14%. The deal requires shareholder and regulatory approval, with a expected close by mid-2027.