The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Krish Sankar - TD Cowen - Analyst
: Yeah. Thanks for taking my question.
Ken, the first question I had is: Given all the tariff-related macro concerns, you said that it doesn't have any much impact yet. I'm curious: Have you
seen any translation into how your order book or linearity is trending in June?
And if you can extrapolate how to think about beyond June, if you have any view into September or beyond.
Question: Krish Sankar - TD Cowen - Analyst
: Thanks for that, Ken.
And then, as a quick follow up: you mentioned, in the March quarter you saw better-than-season on the Enterprise PC product because of share
gains and you talked about [proto] share gains and, maybe, higher content.
Can you talk a little bit about where are those share gains coming from? And how to think about it, going forward, both on the share gain and the
higher content side?
Question: Krish Sankar - TD Cowen - Analyst
: Thank you.
Question: Christopher Rowland - Susquehanna - Analyst
: Hi, guys. Thanks for the question.
Just, maybe, a quick clarification, to start. Ken, did you reconfirm the $10 million a quarter increase through the year in the model? Did I hear that?
Question: Christopher Rowland - Susquehanna - Analyst
: Okay. And so, if not for these tariffs, are we still on track for the $10 million, less than the $10 million, above the $10 million per quarter? Like, how
would you size that up?
Question: Christopher Rowland - Susquehanna - Analyst
: Excellent. And, perhaps, if you could talk about the Broadcom acquisition, where we stand.
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MAY 08, 2025 / 9:00PM, SYNA.OQ - Q3 2025 Synaptics Inc Earnings Call
I think you said $40 million of annualized revenue from the sale. Are you able to add any additional to that? Are you seeing any additional uptake,
particularly on the mobile side?
And, yeah, if you have any other design ones or traction there, I would love to hear about it, as well.
Question: Christopher Rowland - Susquehanna - Analyst
: Thanks. And congrats.
Question: Kevin Cassidy - Rosenblatt Securities - Analyst
: Yeah. Thanks for taking my question. And I'll also say congratulations on the continued momentum.
Just the Wi-Fi 7 low power for IoT applications. Can you give us a description of what's happening in the competitive landscape? Is there anyone
else that's targeting the IoT market like this? Or are they all just taking the standard Wi-Fi 7 and adding it onto -- and just trying to sell it to IoT
companies?
Question: Kevin Cassidy - Rosenblatt Securities - Analyst
: Okay. Great. Sounds good.
And then, just with the -- on your Astra platform, with the introduction of DeepSeek and other optimized LLMs, have you seen an increase in
demand based on those? What's the drivers in that market?
Question: Kevin Cassidy - Rosenblatt Securities - Analyst
: Okay. Sounds great. Thanks.
Question: Peter Peng - JPMorgan - Analyst
: Hey, guys. Good job on the quarter and guide. And thanks for taking my question.
Just wondering: When would we expect more of a synchronized growth in your end markets? If I look at just a quarter, even the guide, a lot of this
is driven by your Core IoT.
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MAY 08, 2025 / 9:00PM, SYNA.OQ - Q3 2025 Synaptics Inc Earnings Call
So, maybe, if we look at it in the back half of the year, would we expect the growth to continue to be led by Core IoT? Or do you see some on
Enterprise? Or, perhaps, your Mobile start contributing to the sequential growth?
Question: Peter Peng - JPMorgan - Analyst
: Got it. Thanks.
And then, just on your broad market. Historically, you, guys, have pretty concentrated customers. And, now, we're going to the broad markets,
where there's a long tail of customers.
In terms of just getting the marketing and sales and working with the right distribution, where are you in that stage?
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