Synaptics reports Q1 adjusted EPS $1.09, consensus $1.06

Reports Q1 revenue $292.5M, consensus $289.93M. “We delivered a strong start to fiscal 2026, with first quarter Core IoT product sales increasing 74% year-over-year and driving total revenue up 14% year-over-year. During the quarter, we achieved a key milestone with the launch of our next-generation Astra processors, an AI-native silicon platform purpose-built for intelligent Edge applications. We also hosted a successful Tech Day, highlighting our technology leadership across processors, wireless connectivity, and mixed-signal solutions supporting Edge AI use cases such as industrial vision, fleet management, IoT hubs, and robotics. Overall, we are seeing solid momentum in our business, with improving revenue, a growing pipeline, and increasing design-wins,” said Rahul Patel, Synaptics (SYNA)’ President and Chief Executive Officer.