Knowles (KN) Misses Q1 EPS by 16c, Revenue Beats, Offers Outlook
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Knowles Reports Q1 2017 Financial Results and Provides Outlook for Q2 2017
April 26, 2017 4:01 PM EDTQ1 Revenue Growth of 5 Percent Y/Y
Q1 EPS of $(0.05); $0.12 Non-GAAP
ITASCA, Ill.--(BUSINESS WIRE)-- Knowles Corporation (NYSE: KN), a market leader and global supplier of advanced micro-acoustic, audio processing, and precision device solutions, today announced results for the first quarter ended March 31, 2017.
We delivered Q1 revenue growth of 5 percent that was above the mid point of our guidance range, said Jeffrey Niew, president and CEO of Knowles. Sales in our Audio and Precision Devices segments were slightly better than expected driven by stronger... More
