Knowles (KN) reported Q4 non-GAAP earnings late Thursday of $0.27 per diluted share, up from $0.22 per share a year earlier.
Four analysts polled by FactSet expected $0.28.
Revenue for the quarter ended Dec. 31 was $142.5 million, up from $139.2 million a year earlier.
Four analysts surveyed by FactSet expected $146 million.
For Q1, the company expects non-GAAP diluted earnings from continuing operations of $0.16 to $0.20 and revenue of $124 to $134 million.
Four analysts polled by FactSet expect non-GAAP EPS of $0.22 and sales of $135.9 million.
Knowles said its board approved a $150 million increase to its existing stock repurchase program, originally adopted in February 2020.
As of Feb. 13, the total available funds for repurchases under the program, including this new authorization, amount to about $194 million.
The shares of Knowles were down over 10% in after-hours trading.
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