Knowles Corp Stock Price, News & Analysis

DSP Concepts has launched a new toolkit for True Wireless Stereo (TWS) earbuds, featuring a reference design optimized for the Cadence® Tensilica® HiFi 5 DSP. This toolkit includes built-in audio processing blocks and algorithms developed with partners like Mimi Hearing Technologies and VisiSonics. It aims to simplify product development for OEMs, reducing complexity and risk while enhancing audio experiences. The offering includes the RAPID TWS Kit, allowing developers to prototype audio features efficiently. Recognized as industry-standard, the Audio Weaver platform accelerates audio innovation.

Knowles Corporation (NYSE: KN) announced the launch of its RAQ receiver, a medium-power balanced armature designed for high-volume hearing health and True Wireless Sound (TWS) products. With a Sound Pressure Level of 116dB at 500Hz, the RAQ receiver is tailored to meet the growing demand in the hearing aid market, especially following recent FDA rulings on over-the-counter hearing devices. Knowles emphasizes its advanced manufacturing capabilities, which enhance product reliability and supply chain traceability, positioning the company for substantial growth in this expanding market.

Knowles Corporation (NYSE: KN) reported robust Q4 results with gross margins of 43.1% and diluted EPS of $0.98. FY earnings from continuing operations reached $150 million, with adjusted EBIT at $174 million or 20.1% of revenues. The strong performance was attributed to a favorable product mix, particularly in Precision Devices and Hearing Health, with bookings up 40% year-over-year. The company anticipates continued growth in Q1 2022, aiming for higher non-GAAP margins and earnings compared to the prior year.

Knowles Corporation (NYSE: KN) announced its fourth quarter and full year 2021 financial results release date, set for February 9, 2022, after market close. A conference call will follow at 3:30 p.m. Central time. The company will partake in several upcoming investor conferences, including the Susquehanna Technology Conference on March 3, 2022, and the Roth Conference on March 14-15, 2022. Founded in 1946, Knowles is a leader in micro-acoustic microphones, serving diverse markets. For more information, visit knowles.com.

Knowles Corporation (NYSE: KN) announces a collaboration with Ole Wolff to enhance True Wireless Stereo (TWS) earphones by integrating a new high-performance balanced armature tweeter with an 8mm dynamic woofer. This hybrid audio solution promises superior sound quality in a compact design, featuring rich bass and effective active noise cancellation (ANC), meeting consumer demand for high-definition audio. The tweeter is capable of output up to 40 kHz, ensuring certification for JAS Hi-Res Audio, thus expanding OEM capabilities in the growing TWS market.

Knowles Corporation (NYSE: KN) has launched the GM series receiver, a two-way balanced armature receiver designed for hearing aids, in partnership with Lucid Hearing. This receiver offers audiophile-quality sound and enhances the music-listening experience for those with hearing impairments. The new technology provides significant improvements in sound clarity and comfort, enabling users to enjoy music more fully. This product represents a notable advancement in the convergence of hearing health and premium audio, marking a milestone for Knowles in the hearing aid market.

Knowles Corporation (NYSE: KN) will participate in two significant financial conferences. The Roth 10th Annual Technology Event will be held virtually on November 18, 2021, followed by the 5th Annual Wells Fargo TMT Summit on December 2, 2021, which includes a fireside chat at 10:00 a.m. ET. Investors can access a live webcast and archived replay in the Investors Relations section of Knowles’ website. Knowles, based in Itasca, Illinois, specializes in micro-acoustic microphones, audio solutions, and high-performance capacitors.