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Sep 30, 2023
Knowles Q3 2023 Earnings Report
Knowles delivered third quarter results above gross margin, Non-GAAP Diluted EPS and cash from operations guidance.
Key Takeaways
Knowles reported Q3 2023 financial results with revenue of $175.1 million and diluted EPS of $0.18. The company's MedTech & Specialty Audio segment revenues grew 20% versus the prior year. Knowles completed the acquisition of Cornell Dubilier.
Q3 Diluted EPS at High-End of Guided Range
Q3 Non-GAAP Diluted EPS Above High-End of Guided Range
Q3 Cash from Operations Above High-End of Guided Range
Completed the acquisition of Cornell Dubilier
Knowles
Knowles
Forward Guidance
The forward looking guidance for the quarter ending December 31, 2023 is as follows: Revenues $210.0 to $220.0 million and Diluted earnings per share $0.17 to $0.21