other material
confidence high
sentiment neutral
materiality 0.45
Knowles realigns reporting into three new segments starting Q4 2022
Knowles Corp
- New segments: Precision Devices (unchanged), MedTech & Specialty Audio, Consumer MEMS Microphones.
- MedTech & Specialty Audio and Consumer MEMS Microphones were previously part of the Audio segment.
- Segment change has no impact on consolidated GAAP results; reporting begins Q4 2022.
- Investor Update call scheduled for November 29, 2022 to discuss strategy, growth, and capital allocation.
- Company states new structure provides enhanced transparency and aligns with management review.