secwatch.observer — SEC 8-K summary
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Issuer:     Knowles Corp (KN)
CIK:        0001587523
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001587523-22-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knowles Q1 revenue flat at $201.4M; EPS beats guidance; boosts buyback by $150M
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- Q1 revenue $201.4M (flat YoY); GAAP EPS $0.19, non-GAAP EPS $0.35, above high end of guidance.
- GAAP gross margin 41.4% (+260 bps YoY); non-GAAP gross margin 41.6%.
- Precision Devices segment revenue surged 47% YoY with all-time record bookings.
- Board approved $150M addition to share repurchase program; total available ~$164M.
- Q2 guidance: revenue $195-205M, non-GAAP gross margin 41.0-42.0%, non-GAAP EPS $0.30-$0.34.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587523/000158752322000048/0001587523-22-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587523/000158752322000048/kn-20220428.htm
  HTML page:      https://secwatch.observer/filing/0001587523-22-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer