Knowles Corporation ( (KN) ) has released its Q1 earnings. Here is a breakdown of the information Knowles Corporation presented to its investors.
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Knowles Corporation is a prominent manufacturer of specialty electronic components, focusing on capacitors, RF filters, advanced medtech microphones, and balanced armature speakers, serving industries such as medtech, defense, and industrial markets.
In its latest earnings report for Q1 2025, Knowles Corporation announced revenues of $132 million, reaching the high end of its guided range. The company also reported net cash from operations exceeding expectations and provided a positive outlook for Q2 2025, with anticipated revenue growth.
Key financial highlights include a gross profit of $53.3 million, representing 40.3% of revenues, and non-GAAP diluted earnings per share of $0.18. The Precision Devices segment showed increased order activity, while the MedTech and Specialty Audio business met performance expectations. The company repurchased $5 million in shares and reduced debt by $15 million during the quarter.
Looking ahead, Knowles Corporation expects Q2 2025 revenues to increase by 4% year over year, with continued strong cash generation. The company remains confident in achieving year-over-year growth for 2025 across its business segments despite macroeconomic uncertainties.
Overall, Knowles Corporation’s strategic focus and financial performance indicate a positive trajectory, with management expressing confidence in sustained growth and operational strength for the remainder of the year.
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