Knowles Reports Q1 2020 Financial Results

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Knowles (KN) Tops Q1 EPS by 1c

May 4, 2020 4:33 PM EDT

Knowles (NYSE: KN) reported Q1 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $163.1 million versus the consensus estimate of $162.42 million.

We reported first quarter revenues and earnings that were in line with our updated guidance, said Jeffrey Niew, president and CEO of Knowles. Audio sales were lower than the year ago period partially offset by higher Precision Devices sales. While Q1 Audio demand was... More