secwatch.observer — SEC 8-K summary
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Issuer:     Knowles Corp (KN)
CIK:        0001587523
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001587523-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knowles Q4 non-GAAP EPS $0.48 beats guidance; FY free cash flow $134M
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- Q4 revenue $234.3M, non-GAAP gross margin 43.3%, GAAP diluted EPS $0.98 (includes $59.1M tax benefit), non-GAAP diluted EPS $0.48.
- Full year: adjusted EBIT $174M (20.1% of revenue); cash from operations $182M; free cash flow $134M (15.4% of revenue).
- Precision Devices sales up ~40% YoY, driven by broad end-market growth; Audio segment adjusted EBIT margin 26.8%.
- Q1 2022 guidance: revenue $197-203M, non-GAAP EPS $0.29-0.31, non-GAAP gross margin 39-41% (both above Q1 2020).
- Repaid convertible notes in full; exited 2021 with essentially no net debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587523/000158752322000004/0001587523-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587523/000158752322000004/kn-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001587523-22-000004

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