Interface solutions provider Synaptics (click here for report: SYNA) reported stronger than expected fourth quarter earnings Friday. The firm earned $0.36 per share during the fourth quarter, down from $0.40 per share a year ago, but still greater than consensus estimates. Revenue fell 4% year-over-year to $137.6 million, yet that figure was also greater than expected. Synaptics also announced two acquisitions, Pacinian and Integrated Deices. The firm anticipates revenue between $120 million – $128 million in the first quarter of fiscal year 2013. Though the quarter may be weak, Synaptics expects a return to growth in the second half of the year. Investors, however, are particularly excited about the possibility of the company’s in-cell technology being used on iPhone 5 (click ticker for report: ). But even if the technology isn’t included, Synaptics registers a 9 on our Valuentum Buying Index (our stock-selection methodology), so shares offer a very favorable risk/reward profile at current levels, in our view.
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