Knowles (KN) Misses Q1 EPS by 16c, Revenue Beats, Offers Outlook

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Go back to Knowles (KN) Misses Q1 EPS by 16c, Revenue Beats, Offers Outlook

Knowles Reports Q1 2017 Financial Results and Provides Outlook for Q2 2017

April 26, 2017 4:01 PM EDT

Q1 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