Benzinga | Jul 29, 2020 04:50PM EDT

Knowles: Q2 Earnings Insights

Shares of Knowles (NYSE:KN) rose 1.74% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 104.55% over the past year to ($0.01), which missed the estimate of $0.01.

Revenue of $152,200,000 declined by 25.83% year over year, which beat the estimate of $146,610,000.

Looking Ahead

Q3 EPS expected to be between $0.17 and $0.23.

Q3 revenue expected between $185,000,000 and $200,000,000.

Conference Call Details

Date: Jul 29, 2020

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestor.knowles.com%2Fhome%2Fdefault.aspx&eventid=2395977&sessionid=1&key=F20C0F88547B93DD43AFA2F9BDFFA346&regTag=&sourcepage=register

Price Action

52-week high: $22.79

Company's 52-week low was at $11.10

Price action over last quarter: down 1.08%

Company Overview

Knowles Corp is a provider of advanced micro-acoustic, audio processing, and precision device solutions. It primarily serves the mobile consumer electronics, communications, medical, defense, aerospace, and industrial markets. The business activities of the group are functioned through Audio and PD segments. The Audio segment designs and manufactures innovative audio products, including microphones and balanced armature speakers, audio processors, and software and algorithms used in applications that serve the mobile, ear, and IoT markets, Whereas the PD group specializes in the design and delivery of highly engineered capacitors and RF devices for technically demanding applications.