Synaptics Expects Annual Revenue Growth In Range Of 9-11% - Quick Facts

(RTTNews) - Synaptics (SYNA) anticipates revenue in the March quarter to be in the range of $430 to $470 million, with the revenue mix from mobile and PC products to be approximately 90 percent and 10 percent, respectively. The company anticipates annual revenue growth in the range of 9 percent to 11 percent for fiscal 2016.

Wajid Ali, CFO, said: "By prudently managing our operating expenses we expect to drive incremental earnings results in the March quarter relative to expected top-line performance. Despite the turbulence in the macroeconomic environment and specifically the mobile phone market, we believe we can preserve a more modest but healthy growth rate."