Valuation Update With 7 Day Price Move • 8h
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$34.27, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 94% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$18.27 per share. Ankündigung • Jul 02
Knowles Corporation to Report Q2, 2026 Results on Jul 23, 2026 Knowles Corporation announced that they will report Q2, 2026 results After-Market on Jul 23, 2026 Ankündigung • Jun 17
Knowles Expands Portfolio of High-Performance Capacitors And Demonstrates High-Performance Capacitors At Power And Plasma Science Events Knowles continued to expand its portfolio of high-performance capacitors, including film and ceramic high-energy pulse discharge capacitors, and the company's capabilities are aligned with these requirements, supporting customers worldwide in a broad range of pulse power applications. In pulse power applications, engineers are designing around defined energy discharges, where both the amount of energy and delivery timing must be tightly controlled. Capacitors largely define the precision of energy storage, the reliability of its release, and the consistency of system performance over time. Knowles designs capacitors to meet these demands across a wide range of energy levels and operating conditions. Low energy pulses are used in neuromodulation therapies for pain management. Higher energy pulses drive industrial and scientific systems such as CO2 lasers used in semiconductor manufacturing, downhole perforation systems in energy exploration, and life saving medical equipment including defibrillators and advanced imaging systems. At the extreme end are ultra high energy pulses used in energy research. Knowles is investing in advanced testing, tighter process controls, and application specific design expertise to deliver custom pulse power solutions at scale. Pulse power turns stored energy into real world outcomes. Knowles designs and manufactures the capacitors that make that delivery precise, repeatable, and scalable. Knowles is demonstrating its high-performance capacitors at upcoming power and plasma science events, including the International Conference on Plasma Science June 22-26 and the IEEE International Power Modulator and High Voltage Conference July 12-16. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: US$0.13 (vs US$0.005 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.13 (up from US$0.005 loss in 1Q 2025). Revenue: US$153.1m (up 16% from 1Q 2025). Net income: US$11.3m (up US$11.7m from 1Q 2025). Profit margin: 7.4% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 24
Knowles Corporation Provides Earnings Outlook for the Second Quarter Ending June 30, 2026 Knowles Corporation provided earnings outlook for the second quarter ending June 30, 2026. For the period, the company expects revenues from continuing operations of $152 million to $162 million, Diluted earnings per share from continuing operations of $0.18 per share to $0.22 per share, results from continuing operations are expected to include approximately $0.06 per share in stock-based compensation expense and $0.04 per share in intangibles amortization expense. Ankündigung • Mar 31
Knowles Corporation to Report Q1, 2026 Results on Apr 23, 2026 Knowles Corporation announced that they will report Q1, 2026 results After-Market on Apr 23, 2026 Ankündigung • Mar 12
Knowles Corporation, Annual General Meeting, Apr 28, 2026 Knowles Corporation, Annual General Meeting, Apr 28, 2026. Location: the langham chicago hotel, 330 n. wabash ave, il 60611, chicago United States Recent Insider Transactions • Feb 27
Independent Chairman of the Board recently sold US$1.1m worth of stock On the 19th of February, Keith Barnes sold around 41k shares on-market at roughly US$27.16 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Keith's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 12
Senior VP & COO recently sold US$432k worth of stock On the 9th of February, Daniel Giesecke sold around 16k shares on-market at roughly US$27.22 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months. Reported Earnings • Feb 07
Full year 2025 earnings released: EPS: US$0.59 (vs US$0.26 in FY 2024) Full year 2025 results: EPS: US$0.59 (up from US$0.26 in FY 2024). Revenue: US$593.2m (up 7.2% from FY 2024). Net income: US$50.9m (up 118% from FY 2024). Profit margin: 8.6% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 06
Knowles Corporation Provides Earnings Guidance for the First Quarter Ending March 31, 2026 Knowles Corporation provided earnings guidance for the first quarter ending March 31, 2026. For the period, the company expects Revenues from continuing operations to be in the range of $143 million to $153 million. Diluted earnings per share from continuing operations is expected to be in the range $0.09 to $0.13. Ankündigung • Jan 06
Knowles Corporation to Report Q4, 2025 Results on Feb 05, 2026 Knowles Corporation announced that they will report Q4, 2025 results After-Market on Feb 05, 2026 Recent Insider Transactions • Nov 24
Senior VP recently sold US$632k worth of stock On the 21st of November, John Anderson sold around 30k shares on-market at roughly US$21.07 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. John has been a net seller over the last 12 months, reducing personal holdings by US$634k. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: US$0.21 (vs US$0.10 in 3Q 2024) Third quarter 2025 results: EPS: US$0.21 (up from US$0.10 in 3Q 2024). Revenue: US$152.9m (up 7.3% from 3Q 2024). Net income: US$18.0m (up 96% from 3Q 2024). Profit margin: 12% (up from 6.5% in 3Q 2024). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 24
Knowles Corporation Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2025 Knowles Corporation provided earnings guidance for the fourth quarter ending December 31, 2025. For the quarter, the company expects Revenues from continuing operations of $151 million to $161 million. Diluted earnings per share from continuing operations of $0.21 to $0.25. Ankündigung • Sep 30
Knowles Corporation to Report Q3, 2025 Results on Oct 23, 2025 Knowles Corporation announced that they will report Q3, 2025 results After-Market on Oct 23, 2025 Buy Or Sell Opportunity • Aug 08
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to US$19.93. The fair value is estimated to be US$16.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.9% in a year. Earnings are forecast to grow by 131% in the next year. Recent Insider Transactions • Aug 02
VP & Controller recently sold US$209k worth of stock On the 29th of July, Air Bastarrica sold around 10k shares on-market at roughly US$20.94 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months. New Risk • Aug 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin). New Risk • Jul 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Large one-off items impacting financial results. Ankündigung • Jul 25
Knowles Corporation Announces Earnings Guidance for Quarter Ending September 30, 2025 Knowles Corporation announced earnings guidance for quarter ending September 30, 2025. For the quarter the company expects Revenues from continuing operations of $144 million to $154 million. Diluted earnings per share from continuing operations of $0.18 to $0.22. Ankündigung • Jul 15
Knowles Corporation Launches High-Performance Inductors for Mission-Critical RF Applications Knowles Corporation announced the introduction of its High-Q Ceramic Core Inductors, designed to optimize RF efficiency and signal integrity across mission-critical applications in medical, defense, and industrial sectors. Engineering for reduced signal loss, these new inductors deliver high energy efficiency and consistent inductance across a broad frequency range. This performance enables engineers to maintain signal integrity and elevate overall system efficiency in high-frequency designs. Key Features of Knowles' High-Performance Inductors: High Q Factor: Reduced signal loss enhances RF efficiency, ensuring clearer signals and minimized distortion; High SRF: High self-resonance frequency ensuring excellent performance at higher frequency ranges; High Reliability: Designed to endure rigorous operational environments, making them ideal for mission-critical applications; Versatile Package Options: Ability to offer multiple form factors to accommodate various design needs and space constraints. In markets like medical imaging and defense where system performance and reliability are non-negotiable, these characteristics drive better outcomes including sharper diagnostic images, clearer signals, and more reliable systems. Ankündigung • Jul 03
Knowles Corporation to Report Q2, 2025 Results on Jul 24, 2025 Knowles Corporation announced that they will report Q2, 2025 results After-Market on Jul 24, 2025 Ankündigung • Jun 30
Knowles Corporation(NYSE:KN) dropped from Russell 2000 Dynamic Index Knowles Corporation(NYSE:KN) dropped from Russell 2000 Dynamic Index Reported Earnings • Apr 26
First quarter 2025 earnings released: US$0.005 loss per share (vs US$0.028 profit in 1Q 2024) First quarter 2025 results: US$0.005 loss per share (down from US$0.028 profit in 1Q 2024). Revenue: US$132.2m (down 33% from 1Q 2024). Net loss: US$400.0k (down 116% from profit in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • Apr 25
Knowles Corporation Provides Earnings Outlook for the Second Quarter Ending June 30, 2025 Knowles Corporation provided earnings outlook for the second quarter ending June 30, 2025. For the period, the company expects revenues from continuing operations of $135 million to $145 million,Diluted earnings per share from continuing operations of $0.11 to $0.15 . It represents sequential and year over year growth of 6% and 4%, respectively. New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). Significant insider selling over the past 3 months (US$170k sold). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$12.74, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electronic industry in the United Kingdom. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$25.48 per share. Ankündigung • Apr 03
Knowles Corporation to Report Q1, 2025 Results on Apr 24, 2025 Knowles Corporation announced that they will report Q1, 2025 results After-Market on Apr 24, 2025 Ankündigung • Mar 17
Knowles Corporation, Annual General Meeting, Apr 29, 2025 Knowles Corporation, Annual General Meeting, Apr 29, 2025. Location: 330 n. wabash avenue, illinois 60611, chicago United States New Risk • Feb 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). Ankündigung • Feb 15
Knowles Corporation Provides Earnings Guidance for the Quarter Ending March 31, 2025 Knowles Corporation provided earnings guidance for the quarter ending March 31, 2025 . For the quarter, the company expects Revenues from continuing operations to be $124 to $134 million. Diluted earnings per share from continuing operations to be $0.06 to $0.10. Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: US$0.26 (vs US$0.80 in FY 2023) Full year 2024 results: EPS: US$0.26 (down from US$0.80 in FY 2023). Revenue: US$553.5m (down 22% from FY 2023). Net income: US$23.4m (down 68% from FY 2023). Profit margin: 4.2% (down from 10% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • Jan 20
Knowles Corporation to Report Q4, 2024 Results on Feb 13, 2025 Knowles Corporation announced that they will report Q4, 2024 results After-Market on Feb 13, 2025 Ankündigung • Jan 01
Syntiant Corp. completed the acquisition of Consumer MEMS Microphones Business of Knowles Corporation (NYSE:KN). Syntiant Corp. entered into a definitive agreement to acquire Consumer MEMS Microphones Business of Knowles Corporation (NYSE:KN) for $150 million on September 18, 2024. The purchase price consists of (i) a payment of approximately $70,000,000 in cash, subject to customary working capital and inventory adjustments, and (ii) $80,000,000 in Buyer Series D-2 preferred stock, par value $0.0001, to be issued upon the Closing. The Company will also share in certain separation costs pursuant to a credit for up to $13.5 million which Buyer may apply to specified separation costs post-Closing. Syntiant has received a customary debt financing commitment letter in connection with the Transaction and expects to raise additional funds through an equity financing. CMM business generated revenues of $256 million in FY 2023. The financing is being led by Structural Capital and Boardman Bay Capital Management. The Company has committed to provide, under certain circumstances, up to $15,000,000 in financing in connection with Buyer's obligation to have $40,000,000 on the balance sheet, which financing would be junior to Buyer's debt financing. The closing of the Transaction is subject to certain regulatory approvals, third party consents, and other customary closing conditions. The closing of the Transaction is expected to occur in the fourth quarter of 2024. Jefferies LLC served as exclusive financial advisor to Knowles and Paul L. Choi and Jonathan A. Blackburn of Sidley Austin LLP served as legal counsel to Knowles Corporation (NYSE:KN). Benjamin A. Potter and Nima J. Mohavedi of Latham & Watkins LLP acted as legal advisor to Syntiant Corp. Needham & Company, LLC acted as financial advisor to Syntiant Corp.
Syntiant Corp. completed the acquisition of Consumer MEMS Microphones Business of Knowles Corporation (NYSE:KN) on December 30, 2024. The acquisition was financed through a collaborative effort led by Khazanah Nasional Berhad and Boardman Bay Capital Management, which provided equity funding, and Structural Capital, which arranged debt financing. Ankündigung • Dec 10
Knowles Corporation Appoints Laura Angelini to Board of Directors Knowles Corporation announced the appointment of Laura Angelini as an independent director to the Company’s Board of Directors. Ms. Angelini has 30 years of experience in the medical device and healthcare industry. She most recently served as General Manager of the Renal Care Global Business Unit at Baxter International Inc., from 2016 to 2021. Prior to that, Ms. Angelini served in various roles at Johnson & Johnson from 1991 to 2016, including as President of North America and Global Franchise Development of Vision Care from 2013 to 2016, Vice-President of Global Strategic Marketing of Ethicon from 2012 to 2013, and Vice President of Medical Devices & Diagnostics of Eastern Europe from 2010 to 2011. Ms. Angelini currently serves as a member of the board of directors of DCC plc, and Identiv Inc. and as a member of the board of trustees of Jacksonville University. Ms. Angelini will also serve as a member of the Compensation Committee of Knowles’ Board of Directors. Recent Insider Transactions • Nov 07
Senior VP recently sold US$370k worth of stock On the 4th of November, Robert Perna sold around 21k shares on-market at roughly US$17.56 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.0m more than they bought in the last 12 months. New Risk • Oct 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$338k sold). Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$0.10 (vs US$0.18 in 3Q 2023) Third quarter 2024 results: EPS: US$0.10 (down from US$0.18 in 3Q 2023). Revenue: US$142.5m (down 19% from 3Q 2023). Net income: US$9.20m (down 45% from 3Q 2023). Profit margin: 6.5% (down from 9.5% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Electronic industry in the United Kingdom are expected to grow by 6.0%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 25
Knowles Corporation Provides Earnings Guidance for the Fourth Quarter of 2024 Knowles Corporation provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects revenues from continuing operations of $141 million to $151 million. Diluted earnings per share from continuing operations of $0.12 to $0.16. Ankündigung • Oct 02
Knowles Corporation to Report Q3, 2024 Results on Oct 24, 2024 Knowles Corporation announced that they will report Q3, 2024 results After-Market on Oct 24, 2024 Recent Insider Transactions • Sep 26
Independent Director recently sold US$217k worth of stock On the 23rd of September, Cheryl Shavers sold around 13k shares on-market at roughly US$17.29 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$559k more than they bought in the last 12 months. Ankündigung • Sep 19
Knowles Corporation Provides Revenue Guidance for the Fourth Quarter of 2024 Knowles Corporation provided revenue guidance for the fourth quarter of 2024. Fourth quarter of 2024 revenue from continuing operations is expected to be in the range of $140 to $150 million. Ankündigung • Aug 14
Knowles Corporation Announces Mil-PRF-55681-Qualified Capacitors for Mission-Critical Defense Applications Knowles Corporation announced they will manufacture and test MIL-PRF-55681 capacitors in the United States. Developed by the Defense Logistics Agency (DLA), MIL-PRF- 55681 is a critical military specification that sets strict standards for designing and developing ceramic capacitors used in defense and aerospace projects. To achieve qualification under MIL-PRF-55682, a supplier must adhere to rigorous testing protocols and demonstrate compliance with precise technical requirements. This testing involves the extensive evaluation of factors like temperature stability, reliability under mechanical stress and shock, and adherence to tight tolerance levels. Knowles' ceramic capacitors will also be listed on the U.S. Department of Defense's Qualified Products List (QPL). Components selected for this list have undergone comprehensive testing and evaluation to validate their suitability for government projects, thereby improving their availability to customers while also shortening the procurement process and reducing the need for quality audits and testing. Knowles' capacitors have demonstrated the robustness needed to perform consistently under environmentally demanding conditions, where minimizing failure risks is of the utmost importance. In addition to the custom, high-reliability capacitors Knowles is trusted and renowned for, designers using a range of MIL (CDR) styles can now rely on Knowles to provide the standard military qualified capacitors they need for guidance and control systems, radar systems, electronic warfare, power supply units, and other high-risk applications. Ankündigung • Aug 08
Knowles Corporation Extends Operating Life of Electronic Devices with New Arc Suppressor/Snubber Network Devices Knowles Corporation announced the QAS Series, a new line of RC-type Arc Suppressor/Snubber components that extend the operating life of electronic and electro-mechanical devices. Knowles' Cornell Dubilier brand QAS Series devices provide single-device RC networks in two-lead radial packages. QAS networks extend the operating life of electronic & electro-mechanical devices by reducing and/or eliminating electrical arcing at the point of electrical contact. Without a snubber circuit, arcing often leads to early failures in relays, switch contacts, and solid-state components such as SCRs and TRIACs. When the contacts in an arc suppression circuit open, a voltage is applied across the capacitor instead of the relay contacts. This prevents arcing because the capacitor charges faster than the contacts open. When the contacts close, the inrush current from the charged capacitor and source can exceed the safe conductance of the contacts. The resistor in the network limits the inrush current significantly, reducing the arc produced at contact closure, and extends the service life of the contacts. In practical applications, for DC voltage, theRC network is typically connected across the relay contacts, and for AC voltage, it is connected across the load. The QAS is also effective at reducing spark-generated EMI/RFI that can cause interference with the operation of a circuit. Each device consists of metallized polyester capacitor RC network, coated with a flame-retardant epoxy. Having a single device containing an RC network has advantages for circuit designers rather than building discrete networks. The single device is more compact, pretested, and environmentally more robust. The QAS product line includes 24 devices with: Capacitance values of up to 1.0uF; Resistor values up to 680 ohms, Rated voltage options up to 1600 Vdc/660 Vac, 60 Hz; Operating temperature range -55 degC to +85 degC at full rated voltage. New Risk • Aug 05
New major risk - Revenue and earnings growth Earnings have declined by 42% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risk Currently unprofitable and not forecast to become profitable next year (US$4.2m net loss next year). Reported Earnings • Aug 01
Second quarter 2024 earnings released: US$2.90 loss per share (vs US$0.15 profit in 2Q 2023) Second quarter 2024 results: US$2.90 loss per share (down from US$0.15 profit in 2Q 2023). Revenue: US$204.7m (up 18% from 2Q 2023). Net loss: US$259.3m (down US$272.9m from profit in 2Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 11
Knowles Corporation to Report Q2, 2024 Results on Jul 31, 2024 Knowles Corporation announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Ankündigung • Jun 18
Knowles Corporation Appoints Jason Cardew to Its Board of Directors Knowles Corporation announced the appointment of Jason Cardew as an independent director to the Company’s Board of Directors. His appointment expands the Board to 10 directors. Mr. Cardew has over 30 years of experience at Lear Corporation, a global automotive technology leader in seating and electrical distribution systems and related electronics components, where he currently serves as Senior Vice President and Chief Financial Officer, a position he has held since 2019. As Chief Financial Officer, he is responsible for Lear's global financial strategy and financial activities and also oversees Lear’s information technology function worldwide. Prior to his current role, Mr. Cardew held various operational and commercial finance leadership positions at Lear, including serving as Vice President, Finance – Seating and E-Systems from 2018 to 2019; Vice President, Finance – Seating, from 2012 to 2018; Interim Chief Financial Officer, from 2011 to 2012; and Vice President, Financial, Planning and Analysis, from 2010 to 2011. Mr. Cardew will also serve as a member of the Audit Committee of Knowles’ Board of Directors. Ankündigung • May 03
Knowles Corporation Provides Earnings Guidance for the Second Quarter Ending June 30, 2024 Knowles Corporation provided earnings guidance for the second quarter ending June 30, 2024. For the quarter, the company expected revenue of $199 million to $209 million and Diluted earnings per share of $0.08 to $0.12. Buy Or Sell Opportunity • May 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.0% to US$16.54. The fair value is estimated to be US$13.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.4% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 11% in a year. Earnings are forecast to decline by 22% in the next year. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.028 (vs US$0.057 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.028 (up from US$0.057 loss in 1Q 2023). Revenue: US$196.4m (up 36% from 1Q 2023). Net income: US$2.50m (up US$7.70m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 09
Knowles Corporation to Report Q1, 2024 Results on May 01, 2024 Knowles Corporation announced that they will report Q1, 2024 results After-Market on May 01, 2024 Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: US$0.80 (vs US$4.69 loss in FY 2022) Full year 2023 results: EPS: US$0.80 (up from US$4.69 loss in FY 2022). Revenue: US$707.6m (down 7.5% from FY 2022). Net income: US$72.4m (up US$502.5m from FY 2022). Profit margin: 10% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: US$0.80 (vs US$4.69 loss in FY 2022) Full year 2023 results: EPS: US$0.80 (up from US$4.69 loss in FY 2022). Revenue: US$707.6m (down 7.5% from FY 2022). Net income: US$72.4m (up US$502.5m from FY 2022). Profit margin: 10% (up from net loss in FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 08
Knowles Corporation Provides Earnings Guidance for the First Quarter Ending March 31, 2024 Knowles Corporation provided earnings guidance for the first quarter ending March 31, 2024. For the quarter, the company expects GAAP revenues to be $190 million to $200 million, GAAP Diluted earnings per share to be $0.02 to $0.06. Ankündigung • Jan 19
Knowles Corporation to Report Q4, 2023 Results on Feb 07, 2024 Knowles Corporation announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2024 Ankündigung • Dec 28
Knowles Corporation Announces Resignation of Hermann Eul, A Member of the Board of Directors and as A Member of the Company's Compensation Committee, Effective January 1, 2024 On December 20, 2023, 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. Dr. Eul's resignation is not the result of any dispute or disagreement with the Company on any matter related to the Company's operations, policies, or practices. In connection with Dr. Eul's resignation and in recognition of his service and contributions to the Company, the Committee approved the accelerated vesting of 6,915 outstanding and unvested restricted stock units previously granted to Dr. Eul under the Company's 2018 Equity and Cash Incentive Plan. Ankündigung • Nov 04
Knowles Corporation Announces Earnings Guidance for the Fourth Quarter Ending December 31, 2023 Knowles Corporation announced earnings guidance for the fourth quarter ending December 31, 2023. For the fourth quarter, the company expects GAAP revenues to be in the range of $210.0 million to $220.0 million GAAP diluted EPS to be in the range of $0.17 to $0.21. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.18 (vs US$0.03 in 3Q 2022) Third quarter 2023 results: EPS: US$0.18 (up from US$0.03 in 3Q 2022). Revenue: US$175.1m (down 1.7% from 3Q 2022). Net income: US$16.6m (up US$13.9m from 3Q 2022). Profit margin: 9.5% (up from 1.5% in 3Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Ankündigung • Oct 21
Knowles Corporation Join Forces with Edifier in the Creation of the Neobuds Pro 2 True Wireless Stereo Knowles Corporation has joined forces with consumer audio brand Edifier in the creation of the NeoBuds Pro 2 True Wireless Stereo (TWS) earbud design raises the bar for premium wireless audio with the help of Knowles RAN balanced armature (BA) receivers and SiSonic™ MEMS microphone technology. The Edifier NeoBuds Pro 2 streams music over Bluetooth at ultra-high frequencies, up to 192kHz/24bit, using the latest LHDC 5.0 HD codec. Digital signal processing (DSP) with active crossover controls each driver, enabling them to produce frequencies with high precision. NeoBuds Pro 2 is the first to incorporate Edifier's Wide-Band Multi-Channel Active Noise Cancelling (ANC), employing wideband artificial intelligence (AI) noise reduction algorithms and configuring four microphones per earpiece. The ANC design adds an independent feed-forward channel that applies the noise reduction ability of the Knowles BA to hybrid ANC channels. The design also features Knowles' latest Analog MEMS microphone Raptor (SPK01A0LR5H-1), which offers 72dB signal-to-noise ratio (SNR) and a low-frequency roll-off (LFRO) of 17 Hz for superior ANC performance and improved voice call quality. Working with the AI algorithm that filters ambient noise, the Wide-Band Multi-Channel ANC supports noise cancellation with a depth of -50dB and 5kHz bandwidth, as well as high-fidelity transparency mode, low-latency gaming mode, and multi-dimensional spatial audio and head tracking to immerse listeners in a 360-degree sonic realm. The Knowles Preferred Listening Response Curve demonstrates that listeners across age ranges and hearing capabilities prefer expanded treble ranges. To meet listener preferences across markets, personalized hearing capabilities for TWS are crucial. crucial. Acknowledging the significance of customized audio experiences, especially in the TWS market, the earbuds introduce advanced sound personalization features with Edifier’s AI Multimodal Dual Adaptive System. The intuitive mobile app allows users to analyze their listening preferences and optimize a customized auditory journey. Ankündigung • Oct 14
Knowles Corporation to Report Q3, 2023 Results on Nov 02, 2023 Knowles Corporation announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.15 (vs US$2.64 loss in 2Q 2022) Second quarter 2023 results: EPS: US$0.15 (up from US$2.64 loss in 2Q 2022). Revenue: US$173.0m (down 8.0% from 2Q 2022). Net income: US$13.6m (up US$256.5m from 2Q 2022). Profit margin: 7.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Ankündigung • Aug 03
Knowles Corporation Provides Earnings Guidance for the Third Quarter of 2023 Knowles Corporation provided earnings guidance for the third quarter of 2023. For the quarter, the company expects GAAP revenues to be in the range of $170.0 million to $180.0 million GAAP diluted EPS to be in the range of $0.14 to $0.18. Ankündigung • Jul 12
Knowles Corporation to Report Q2, 2023 Results on Aug 02, 2023 Knowles Corporation announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Recent Insider Transactions • May 25
Independent Director recently sold US$203k worth of stock On the 18th of May, Cheryl Shavers sold around 12k shares on-market at roughly US$16.61 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$314k more than they bought in the last 12 months. Ankündigung • May 17
Knowles Corporation Appoints Erania Brackett to its Board of Directors Knowles Corporation announced the appointment of Erania Brackett as an independent director to the Company’s Board of Directors. Her appointment expands the Board to 10 directors. Ms. Brackett has over 20 years of experience in the medtech industry. She is currently Senior Vice President, Customer Experience, Orthodontic Aligner Solutions and Head of ESG for Dentsply Sirona, a leading global manufacturer of professional dental products and technologies, where she also served as Senior Vice President and Chief Marketing Officer from August 2021 to March 2023. Prior to joining Dentsply Sirona, Ms. Brackett held various commercial, marketing and operational leadership roles at Medtronic plc and at GE Healthcare. Recent Insider Transactions • May 07
Insider recently sold US$139k worth of stock On the 3rd of May, Raymond Cabrera sold around 8k shares on-market at roughly US$16.36 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$169k more than they bought in the last 12 months. Reported Earnings • Apr 30
First quarter 2023 earnings released: US$0.057 loss per share (vs US$0.20 profit in 1Q 2022) First quarter 2023 results: US$0.057 loss per share (down from US$0.20 profit in 1Q 2022). Revenue: US$144.3m (down 28% from 1Q 2022). Net loss: US$5.20m (down 129% from profit in 1Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in the United Kingdom. Buying Opportunity • Feb 11
Now 23% undervalued Over the last 90 days, the stock is up 4.2%. The fair value is estimated to be US$20.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 10
Full year 2022 earnings released: US$4.69 loss per share (vs US$1.63 profit in FY 2021) Full year 2022 results: US$4.69 loss per share (down from US$1.63 profit in FY 2021). Revenue: US$764.7m (down 12% from FY 2021). Net loss: US$430.1m (down 386% from profit in FY 2021). Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in the United Kingdom. Ankündigung • Feb 10
Knowles Corporation Provides Earnings Guidance for the Quarter Ending March 31, 2023 Knowles Corporation provided earnings guidance for the quarter ending March 31, 2023. For the quarter, the company expects Revenues to be in the range of $140 million to $155 million, Gross Profit Margin to be in the range of 31.7% to 34.7% and EPS to be in the range of negative $0.08 to negative $0.02. Ankündigung • Jan 25
Knowles Corporation to Report Q4, 2022 Results on Feb 09, 2023 Knowles Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 09, 2023 Ankündigung • Jan 05
Knowles Debuts Trio of Sisonic Mems Microphones for High-Performance Ear & Wearable Solutions Knowles Corporation introduced its latest series of SiSonic™ MEMS microphones: Titan (Digital), Falcon (Differential Analog), and Robin (Single Ended Analog). The new trio of microphones provides advanced performance capabilities for space constrained Ear and wearable applications like True Wireless Stereo (TWS) earbuds, smart watches, Augmented Reality (AR) glasses and Virtual Reality (VR) headsets. Knowles SiSonic™ MEMS Microphones for high-performance Ear and Wearable Solutions (Graphic: Business Wire) Each of the new SiSonic microphones is helping raise the standard of audio for today’s on-the-go lifestyle. Robin offers 66dB SNR and clean signals up to 130dB SPL with less than 1 percent distortion. The low distortion in loud environments enables high-fidelity sound capture and superior beamforming performance for the smallest of form factors. A similar level of signal clarity holds true for Falcon, and brings even higher signal-to-noise ratio (SNR) performance of 68.5dB further improving TWS applications like Ambient Awareness with less noise. In critical low frequency and speech band use cases, Falcon delivers 69dB. Likewise, Titan offers similar SNR performance to Falcon, while improving battery life by consuming 60 percent lower current (470uA) than typical digital mics and lowering latency to 3us, making it ideal for Active Noise Cancellation (ANC) and always-on applications in digital architectures. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.03 (vs US$0.30 in 3Q 2021) Third quarter 2022 results: EPS: US$0.03 (down from US$0.30 in 3Q 2021). Revenue: US$178.2m (down 24% from 3Q 2021). Net income: US$2.70m (down 90% from 3Q 2021). Profit margin: 1.5% (down from 12% in 3Q 2021). Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electronic industry in the United Kingdom. Buying Opportunity • Aug 03
Now 31% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be US$22.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 26
Independent Director recently sold US$58k worth of stock On the 23rd of May, Cheryl Shavers sold around 3k shares on-market at roughly US$18.85 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$352k more than they bought in the last 12 months. Board Change • May 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$0.20 (vs US$0.14 in 1Q 2021) First quarter 2022 results: EPS: US$0.20 (up from US$0.14 in 1Q 2021). Revenue: US$201.4m (flat on 1Q 2021). Net income: US$18.1m (up 45% from 1Q 2021). Profit margin: 9.0% (up from 6.2% in 1Q 2021). Over the next year, revenue is forecast to grow 7.5%, compared to a 8.1% growth forecast for the industry in the United Kingdom. Board Change • Apr 28
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 06
Independent Director recently sold US$293k worth of stock On the 25th of February, Ye Li sold around 13k shares on-market at roughly US$21.80 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$462k more than they bought in the last 12 months. Reported Earnings • Feb 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.63 (up from US$0.032 in FY 2020). Revenue: US$868.1m (up 14% from FY 2020). Net income: US$150.2m (up US$147.3m from FY 2020). Profit margin: 17% (up from 0.4% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.8%, compared to a 6.3% growth forecast for the industry in the United Kingdom. Board Change • Jan 24
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS US$0.30 (vs US$0.061 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$233.0m (up 13% from 3Q 2020). Net income: US$27.7m (up 395% from 3Q 2020). Profit margin: 12% (up from 2.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Oct 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 10
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Independent Director Mike Wishart was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS US$0.19 (vs US$0.21 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$199.8m (up 31% from 2Q 2020). Net income: US$17.4m (up US$36.9m from 2Q 2020). Profit margin: 8.7% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Recent Insider Transactions • May 06
Independent Director recently sold US$169k worth of stock On the 29th of April, Cheryl Shavers sold around 8k shares on-market at roughly US$21.09 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought US$35k more than they sold in the last 12 months. 
