Reports Q2 revenue $237M, consensus $235.24M. “There were two headlines for us this quarter. First, our business overall has stabilized, and we have clearly hit the bottom of our cycle. Second, our Core-IoT area, led by our wireless products, is expected to see topline revenue improvement and sustained growth from this point forward. At the Consumer Electronics Show in early January, we showcased our MPU and MCU product offerings and demonstrated several AI use cases which clearly resonated with a set of new potential customers,” said Michael Hurlston, Synaptics’ President and CEO.
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