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home / news releases / KN - Knowles expects Q1 results below estimates


KN - Knowles expects Q1 results below estimates

  • Knowles (NYSE:KN) now expects Q1 Non-GAAP EPS in the range of $0.00 to $0.04 vs. a consensus of $0.09.
  • Revenue of ~$163M vs. a consensus of $168.62M.
  • “In the first quarter of 2020, COVID-19 caused significant disruptions within Knowles’ manufacturing operations across Asia which negatively impacted plant productivity within our Audio segment,” said Jeffrey Niew, president and CEO of Knowles. “We have made progress in returning our China facilities to more normalized operations but saw lower-than-planned labor productivity and factory utilization in Malaysia and the Philippines throughout the first quarter.”
  • More news on: Knowles Corporation, Earnings news and commentary, , Tech stocks news,
Stock Information

Company Name: Knowles Corporation
Stock Symbol: KN
Market: NYSE
Website: knowles.com

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