Knowles Q1 Adjusted Earnings Flat, Revenue Falls; Q2 Outlook Issued

MT Newswires Live
25 Apr

Knowles (KN) reported Q1 adjusted earnings late Thursday of $0.18 per diluted share, unchanged from year earlier.

Four analysts polled by FactSet expected $0.18.

Revenue for the quarter ended March 31 was $132.2 million, compared with $133.3 million a year earlier.

Four analysts surveyed by FactSet expected $129 million.

The company said it expects Q2 adjusted earnings of $0.21 to $0.25 per diluted share on revenue of $135 million to $145 million. Four analysts polled by FactSet expect earnings of $0.23 per share on revenue of $137.5 million.

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