secwatch.observer — SEC 8-K summary
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Issuer:     Knowles Corp (KN)
CIK:        0001587523
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001587523-22-000080
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01, 5.03
LLM model:  deepseek-v4-flash:cloud@v2

Knowles Q3 revenue $178.2M, down 23% YoY; EPS $0.03; Q4 revenue guide $200-220M
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- GAAP revenue $178.2M, down 23.5% YoY; GAAP EPS $0.03 vs $0.29 YoY.
- Non-GAAP gross margin 38.5% vs guided 37-39%; non-GAAP EPS $0.25 vs $0.33 prior quarter.
- Precision Devices record revenue, strong bookings; Audio MEMS restructuring on schedule for $25-30M annual savings.
- Q4 revenue guidance $200-220M; non-GAAP EPS $0.31-0.35.
- $19M in share repurchases in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587523/000158752322000080/0001587523-22-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587523/000158752322000080/kn-20221025.htm
  HTML page:      https://secwatch.observer/filing/0001587523-22-000080

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