Knowles (KN) Tops Q1 EPS by 3c, Offers Q2 Guidance

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Knowles Reports Q1 2015 Financial Results and Provides Outlook for Q2 2015

April 23, 2015 4:01 PM EDT

Q1 revenue and EPS above mid-point of prior projections; Resumed microphone shipments to key customer platform

ITASCA, Ill.--(BUSINESS WIRE)-- Knowles Corporation (NYSE: KN), a market leader and global supplier of advanced micro-acoustic solutions and specialty components, today announced results for the first quarter ended March 31, 2015.

Our Q1 revenue and earnings were above the mid-point of our prior expectations, said Jeffrey Niew, President and CEO of Knowles. Revenue in our mobile consumer segment was better than anticipated as we resumed shipments of microphones to a key customer platform earlier than planned.... More