Erania Brackett
On September 3, 2024, the Governance and Nominating Committee of the Board of Directors of Knowles Corporation (the “Company”) accepted the resignation of Erania Brackett as a Director, effective September 13, 2024.
Highest-materiality recent filing
Knowles Q2 revenue $166.8M (+14% YoY), non-GAAP EPS $0.33; raises FY2026 growth outlook to 10-12%
Q2 revenue $166.8M (above guided range); GAAP EPS $0.21, non-GAAP EPS $0.33 (+38% YoY).
Knowles Q1 revenue $153M (+16% YoY); non-GAAP EPS $0.27 (+50% YoY)
Q1 revenue $153.1M, up 16% YoY from $132.2M; at or above high end of guided range.
Knowles Q4 revenue $162.2M (+14% YoY), non-GAAP EPS $0.36 beat; guides Q1 rev $143-153M
Q4 revenue from continuing ops $162.2M, above guided range; full-year revenue $593.2M (+7% YoY).
Knowles Q3 revenue $152.9M (+7% YoY); non-GAAP EPS $0.33; guides Q4 revenue $151-161M
Q3 revenue $152.9M (up 7% YoY); GAAP EPS $0.21, non-GAAP EPS $0.33, above guidance mid-point.
Knowles Q2 revenue $145.9M beats high-end guide; non-GAAP EPS $0.24; repurchases $30M shares
Q2 revenues from continuing ops $145.9M (+8% YoY) exceeded high-end of guided range.
Knowles Q1 rev $132.2M at high-end; Q2 revenue guided up 4% YoY
Q1 revenue $132.2M (high-end of guidance); non-GAAP EPS $0.18, GAAP EPS ~$0.00.
Knowles Q4 rev +2% to $142.5M, FY rev +21%; $150M buyback added; Q1 rev guidance $124-134M
Q4 rev $142.5M (+2% YoY); FY rev $553.5M (+21% YoY); GAAP EPS $0.12 (Q4), $0.26 (FY) vs $0.72 prior year.
Knowles closes $150M sale of consumer MEMS microphone business to Syntiant
Total consideration: $70M cash plus $80M in Syntiant Series D-2 preferred stock.
Knowles Q3 revenues up 32% YoY to $142.5M; sells Consumer MEMS Microphones business
Q3 continuing ops revenues $142.5M, at high end of guided range; non-GAAP EPS $0.26.
Knowles signs definitive agreement to sell Consumer MEMS Microphones to Syntiant for $150M
Total consideration $150M ($70M cash + $80M Syntiant preferred stock); closing expected Q4 2024.
Knowles Q2 revenue $204.7M (+18% YoY); non-GAAP EPS $0.24, in line; Q3 guidance $210-220M
Q2 revenue $204.7M (+18% YoY); GAAP diluted EPS -$2.90 includes $2.77 goodwill impairment for Consumer MEMS Microphones unit.
Knowles Q1 revenue $196.4M, above guidance midpoint; non-GAAP EPS $0.20 at high end
Q1 revenue $196.4M, up 36% YoY from $144.3M; GAAP EPS $0.03 vs $(0.06) YoY.
Knowles Q4 revenue $215M (+9% YoY); Q1 2024 guidance sees 35% revenue growth
Q4 GAAP diluted EPS $0.52 (incl. $0.42 one-time tax benefits); Non-GAAP EPS $0.28.
Knowles Q3 2023 EPS beats high-end; completes Cornell Dubilier acquisition
Q3 GAAP diluted EPS $0.18; Non-GAAP diluted EPS $0.31, above guidance range.
Knowles amends credit agreement to permit $122.9M seller note for Cornell Dubilier acquisition
Amendment permits Knowles to incur up to $122.9M seller note secured by assets acquired in Cornell Dubilier acquisition.
Knowles acquires Kaplan Electronics and CDE assets for $263M; enters capacitor market
Total consideration $263M: $140M cash at closing plus $123M interest-free seller note.
Acquire Cornell Dubilier for $263M total: $140M cash at close + $123M interest-free seller note.
Knowles Q2 revenue $173M, Non-GAAP EPS $0.23; Q3 outlook lowered on soft demand
Q2 revenue $173.0M, down from $188.0M YoY; GAAP diluted EPS $0.15, Non-GAAP $0.23.
Knowles Q1 revenue $144.3M, GAAP loss $0.06, non-GAAP EPS $0.05; Q2 outlook $165-180M
Q1 revenue fell 28% YoY to $144.3M; GAAP diluted EPS loss $(0.06); Non-GAAP diluted EPS $0.05.
Knowles posts $2.28 GAAP loss on $231M goodwill impairment; Q4 rev down 16% YoY; Q1 outlook weak
Q4 revenue $197.1M vs $234.3M YoY; GAAP diluted EPS $(2.28) includes $231.1M goodwill impairment in Consumer MEMS segment.
Knowles Q3 revenue $178.2M, down 23% YoY; EPS $0.03; Q4 revenue guide $200-220M
GAAP revenue $178.2M, down 23.5% YoY; GAAP EPS $0.03 vs $0.29 YoY.
Q2 revenue $188.0M, down 6% YoY; GAAP net loss $2.64/sh includes $239.8M goodwill impairment.
Knowles updates FY2021 results, targets $2.50+ Non-GAAP EPS; refines capital strategy
Non-GAAP diluted EPS for FY2021 was $1.53, up from $0.88 in FY2017.
Knowles Q1 revenue flat at $201.4M; EPS beats guidance; boosts buyback by $150M
Q1 revenue $201.4M (flat YoY); GAAP EPS $0.19, non-GAAP EPS $0.35, above high end of guidance.
Knowles reports 2021 non-GAAP EPS $1.53, targets $2.50+
GAAP diluted EPS from continuing ops $1.59; non-GAAP diluted EPS $1.53.
Knowles Q4 non-GAAP EPS $0.48 beats guidance; FY free cash flow $134M
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.
Knowles Q3 non-GAAP EPS $0.45 beats guidance; Q4 guide $0.43-0.45 above prior year
Q3 revenue $233.0M (+13% YoY); GAAP EPS $0.29, non-GAAP $0.45 vs guidance range.
Knowles Q2 revenue up 31% YoY to $199.8M, EPS $0.18; Q3 guidance implies 13% revenue growth
Q2 revenue $199.8M (+31% YoY); GAAP EPS $0.18, non-GAAP EPS $0.31.
On September 3, 2024, the Governance and Nominating Committee of the Board of Directors of Knowles Corporation (the “Company”) accepted the resignation of Erania Brackett as a Director, effective September 13, 2024.
On June 18, 2024, the Board of Directors (the "Board") of Knowles Corporation (the "Company") increased the size of the Board from nine persons to ten persons and elected Jason Cardew as a new director to fill the vacancy created by such increase.
Dr. Hermann Eul, a member of the Board of Directors (the "Board") of Knowles Corporation (the "Company") informed the Company of his decision to resign as a member of the Board and as a member of the Company's Compensation Committee (the "Committee"), effective January 1, 2024.
elected Erania Brackett as a new director to fill the vacancy created by such increase.
On July 26, 2022, the Board of Directors (the “Board”) of Knowles Corporation (the “Company”) increased the size of the Board from eight persons to nine persons and elected Daniel J. Crowley as a new director to fill the vacancy created by such increase.
Max materiality 0.85 · Median 0.68 · Most common event earnings