Welcome to our dedicated page for Knowles news (Ticker: KN), a resource for investors and traders seeking the latest updates and insights on Knowles stock.
Knowles Corporation reports developments tied to its specialty electronic components business, including high-performance capacitors, RF and microwave filters, advanced medtech microphones, balanced armature speakers, and miniaturization products. Company updates focus on quarterly operating results, outlook, design-win activity, backlog, and demand across medtech, defense, industrial, and electrification end markets.
Recurring news also covers management conference participation and the company's continuing portfolio focus after the completed sale of its Consumer MEMS Microphone business. Knowles describes its model around custom engineering, reliable components, and scalable manufacturing for applications that require specialized electronic performance.
Knowles Corporation (NYSE: KN) announced preliminary results for Q4 2020, projecting revenues of $243 million, surpassing prior guidance of $210 to $225 million. Expected gross profit margins are estimated between 36.0% to 38.0%, slightly below previous expectations of 37.0% to 39.0%. Earnings per share (EPS) is forecasted at $0.28 to $0.32, compared to prior guidance of $0.36 to $0.40. The results highlight strong demand in the MEMS microphone sector, improving trends in Hearing Health, and solid execution across markets. An earnings report is set for February 4, 2021.