Knowles (KN) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Knowles Reports Q3 2020 Financial Results and Provides Outlook for Q4 2020

October 29, 2020 4:05 PM EDT

Better-Than-Expected Q3 Sales Driven by Audio

Cash From Operations of $28 Million in Q3

Expect Q4 Revenue to Increase 6 Percent Sequentially at Midpoint of Guidance

ITASCA, Ill.--(BUSINESS WIRE)-- Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro-acoustic, audio processing, and precision device solutions, today announced results for the quarter ended September 30, 2020.

We delivered 35 percent sequential sales growth driven by stronger-than-expected MEMS microphone demand in multiple end markets and higher-than-expected shipments into the... More