---
schema_version: "secwatch.filing_event.v1"
accession: "0001587523-23-000039"
form_type: "8-K"
ticker: "KN"
cik: "0001587523"
company_name: "Knowles Corp"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:58:34.835357+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Knowles Q1 revenue $144.3M, GAAP loss $0.06, non-GAAP EPS $0.05; Q2 outlook $165-180M

## Summary
- Q1 revenue fell 28% YoY to $144.3M; GAAP diluted EPS loss $(0.06); Non-GAAP diluted EPS $0.05.
- Gross margin 37.3% GAAP / 37.7% non-GAAP, exceeding high-end of guided range; cash from ops $21.9M.
- Q2 2023 outlook: revenue $165-180M, non-GAAP gross margin 39-41%, non-GAAP EPS $0.20-$0.24.
- CEO expects strong sequential growth; channel inventories improving; return to YoY growth in H2 2023.
- Restructuring charges $1.1M in Q1; cost-savings partially offset low factory capacity utilization.

## SEC filing metadata
- accession: 0001587523-23-000039
- form_type: 8-K
- ticker: KN
- cik: 0001587523
- company_name: Knowles Corp
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587523/000158752323000039/0001587523-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587523/000158752323000039/kn-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587523-23-000039
- JSON: https://secwatch.observer/filing/0001587523-23-000039.json
- Plain text: https://secwatch.observer/filing/0001587523-23-000039.txt

## Key facts
- Earnings Releases
  Knowles Corp reported the quarter ended March 31, 2023 results: revenue $144.3, EPS $(0.06).
  - Period: the quarter ended March 31, 2023
  - Revenue: $144.3
  - EPS: $(0.06)
  - Result: reported results
  source text: Financial Highlights The following table highlights the Company’s financial performance on both a GAAP and supplemental non-GAAP basis (in millions, except per share data): Q1-23 Q4-22 Q1-22 Revenues $144.3 $197.1 $201.4 Gross profit $53.8 $75.3 $83.3 (as a % of revenues) 37.3% 38.2% 41.4% Non-GAAP gross profit $54.4 $79.6 $83.8 (as a % of revenues) 37.7% 40.4% 41.6% Diluted (loss) earnings per share* $(0.06) $(2.28) $0.19 Non-GAAP diluted earnings per share $0.05 $0.33 $0.35 Net cash provided by operating activities $21.9 $46.8 $0.8 * Current period results include $7.8 million in stock-based compensation, $1.1 million in restructuring charges, and $2.9 million in intangibles amortization expense that are excluded from non-GAAP results. 1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587523/000158752323000039/0001587523-23-000039-index.htm
- Earnings Releases
  Knowles Corp reported the quarter ending June 30, 2023 results: revenue $165.0 to $180.0 million, EPS $0.11 to $0.15. Guidance initiated.
  - Period: the quarter ending June 30, 2023
  - Revenue: $165.0 to $180.0 million
  - EPS: $0.11 to $0.15
  - Guidance: initiated
  - Result: guidance update
  source text: Second Quarter 2023 Outlook The forward looking guidance for the quarter ending June 30, 2023 is as follows: GAAP Adjustments Non-GAAP Revenues $165.0 to $180.0 million — $165.0 to $180.0 million Gross Profit Margin 38.7% to 40.7% 0.30% 39.0% to 41.0% Diluted EPS $0.11 to $0.15 $0.09 $0.20 to $0.24 Q2 2023 GAAP results are expected to include approximately $0.06 per share in stock-based compensation and $0.03 per share in amortization of intangibles.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587523/000158752323000039/0001587523-23-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.