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Shares of Knowles (NYSE:KN) rose 1.74% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share fell 104.55% over the past year to ($0.01), which missed the estimate of $0.01.
Revenue of $152,200,000 declined by 25.83% year over year, which beat the estimate of $146,610,000.
Looking Ahead
Q3 EPS expected to be between $0.17 and $0.23.
Q3 revenue expected between $185,000,000 and $200,000,000.
Conference Call Details
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Date: Jul 29, 2020
Time: 04:30 PM
Price Action
52-week high: $22.79
Company's 52-week low was at $11.10
Price action over last quarter: down 1.08%
Company Overview
Knowles Corp is a provider of advanced micro-acoustic, audio processing, and precision device solutions. It primarily serves the mobile consumer electronics, communications, medical, defense, aerospace, and industrial markets. The business activities of the group are functioned through Audio and PD segments. The Audio segment designs and manufactures innovative audio products, including microphones and balanced armature speakers, audio processors, and software and algorithms used in applications that serve the mobile, ear, and IoT markets, Whereas the PD group specializes in the design and delivery of highly engineered capacitors and RF devices for technically demanding applications.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.