Knowles (KN) Tops Q1 EPS by 1c
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Knowles Reports Q1 2020 Financial Results
May 4, 2020 4:05 PM EDTITASCA, Ill.--(BUSINESS WIRE)-- Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro-acoustic, audio processing, and precision device solutions, today announced results for the quarter ended March 31, 2020.
We reported first quarter revenues and earnings that were in line with our updated guidance, said Jeffrey Niew, president and CEO of Knowles. Audio sales were lower than the year ago period partially offset by higher Precision Devices sales. While Q1 Audio demand was weaker than our original projections due to COVID-19, much of the weakness hit later in the quarter. We are... More
