Knowles Corp Stock Price, News & Analysis

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.

Knowles Corporation (NYSE: KN) will host an Investor Update call on November 30, 2021, from 9:00 a.m. CT to 11:00 a.m. CT. The event will feature insights from Jeffrey Niew, CEO, and John Anderson, CFO, discussing the company's growth strategies, capital allocation, and mid-term targets. Investors can access the webcast on the Investor Relations page of knowles.com. A replay will be available post-event, and participants can also join via phone using the provided numbers.

Knowles Corporation (NYSE: KN) reported a strong Q3 2021, with revenues of $233 million, marking an 8% increase year-over-year. Non-GAAP gross margins reached 41.8%, while diluted EPS was $0.29, exceeding expectations. Cash from operations totaled $56 million. The company highlighted record revenues in its Precision Devices segment, up 35% driven by high demand across various markets. Looking ahead, Knowles anticipates further growth in Q4, driven by favorable product mix and operating leverage, aiming to achieve record cash operations for the full year.

Knowles Corporation (NYSE: KN) will release its third quarter 2021 financial results on October 27, 2021, after market close, followed by a conference call at 3:30 p.m. Central time. Analysts and investors can access the call using specific dial-in numbers and a conference ID. A replay of the call will be available until November 4, 2021. Knowles is a leader in micro-acoustic microphones and audio processing solutions, serving diverse markets including consumer electronics and medtech, and aims to diversify revenue through innovative solutions.

Knowles Corporation (NYSE: KN) announced the passing of Ronald Jankov, a board member since its public debut in 2014. His contributions as a founder and CEO of GlobalLink1 Capital significantly impacted the company. CEO Jeffrey Niew and chairman Donald Macleod expressed their deep condolences, highlighting Jankov's leadership and commitment. This loss may create a leadership gap for Knowles, which specializes in advanced audio solutions across various markets.

Knowles Corporation (NYSE: KN) has launched the AISonic™ IA8201 Raspberry Pi Development Kit, designed to streamline voice and audio functionality in various applications across multiple industries. This comprehensive kit allows OEM/ODM engineers to quickly prototype and test voice and machine learning capabilities, thereby reducing development costs. The IA8201 Audio Edge Processor is a key component, promoting ultra-low power usage and high-performance audio processing. A Parks Associates survey indicates a growing consumer demand for voice-controlled devices, creating a substantial market opportunity for Knowles.