Knowles (KN) Tops Q4 EPS by 7c
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Knowles Reports Q4 & Full Year 2017 Financial Results and Provides Outlook for Q1 2018
February 7, 2018 4:05 PM EST$62 Million in Cash From Operations in Q4
Divested Lower-Margin Timing Device Business for $130 Million
Reduced net debt by over $150 Million in 2017
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 fourth quarter and year ended December 31, 2017.
We delivered Q4 revenue of $216 million, with gross margin and EPS that were positively impacted by the settlement of a royalty dispute, said... More
