Welcome to our dedicated page for KNOWLES CORPORATION news (Ticker: KN), a resource for investors and traders seeking the latest updates and insights on KNOWLES CORPORATION stock.
Knowles Corporation (NYSE: KN) is a market leader and global supplier in the field of advanced micro-acoustic, specialty components, and human interface solutions. With over 65 years of industry excellence, Knowles has established itself as a pivotal player in various sectors including mobile communications, consumer electronics, medical technology, military/space, and other industrial markets. The company is headquartered in Itasca, Illinois, and operates globally with approximately 7,100 employees in 14 countries.
Knowles Corporation specializes in designing and manufacturing high-performance capacitors, radio frequency filtering products, balanced armature speakers, advanced micro-acoustic microphones, and comprehensive audio solutions. Its operations are segmented into three primary areas:
- Precision Devices Segment: Focuses on high-performance capacitor products and RF solutions, including the recently launched Electric Double Layer Capacitor (EDLC) modules.
- Medtech & Specialty Audio Segment: Designs and manufactures microphones and balanced armature speakers for specialized applications.
- Consumer MEMS Microphones Segment: Produces micro-electro-mechanical systems (MEMS) microphones and audio solutions for a broad array of consumer electronics.
Recent achievements include the acquisition of Cornell Dubilier in 2023, which enhanced Knowles' offerings in high-quality film, electrolytic, and mica capacitors. Knowles' new EDLC modules feature supercapacitors that can handle higher operating voltages, providing significant energy storage solutions suitable for solar energy harvesting, AGVs, EV transportation, and numerous other applications.
Knowles Corporation continues to innovate by introducing disruptive technologies like the world's first miniature microphone and receiver for hearing aids back in 1954. Their products undergo rigorous testing to ensure dependable performance, making them a trusted choice for demanding environments. The company’s strong commitment to customer satisfaction, combined with proprietary manufacturing techniques and global operational expertise, enables it to deliver cutting-edge solutions across multiple industries.
Knowles Corporation (NYSE: KN) has launched an innovative dual-diaphragm balanced armature (BA) technology that enhances audio output while preserving a compact size. This technology features two chambers with separate diaphragms, driven by a single coil, delivering superior sound quality for premium earphones and hearing devices. Knowles partners with Campfire Audio and Astell&Kern to utilize this BA in their new Pathfinder earphone. The technology marks a significant advancement in HiFi audio, promising improved performance in future Campfire designs.
Knowles Corporation (NYSE: KN) announced participation in the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference. CEO Jeffrey Niew and CFO John Anderson will engage in a fireside chat on May 25, 2022, at 10:00 am ET in Boston, Massachusetts. They will also hold 1x1 and small group meetings on May 24 and the morning of May 25. For further information and live webcast registration, visit the Investor Relations page.
Knowles Corporation (NYSE: KN) has unveiled its collaboration with JH Audio on the new Sharona IEM, featuring 16 drivers and a four-way crossover aimed at top performers. The innovative product includes the Knowles Supertweeter, which enhances treble output using a patented coil design, reaching ultra-high frequencies of 40kHz. The Sharona IEM is designed for optimal sound quality, providing musicians with an immersive audio experience. This launch highlights Knowles' commitment to advancing audio technology in the pro audio market.
Knowles Corporation (NYSE: KN) announced strong Q1 results for 2022, with revenues of $201.4 million, up from $201.0 million in Q1 2021. The gross margin improved to 41.4%, up 260 basis points year-over-year, while diluted EPS increased to $0.19. Despite ongoing macroeconomic challenges, including COVID-related supply chain issues, Knowles reported a 47% revenue increase in its Precision Devices segment. The company remains committed to share repurchases, increasing its program by $150 million, and anticipates continued year-over-year growth for the full year.
Knowles Corporation (NYSE: KN) has announced the release date for its first quarter 2022 financial results, scheduled for April 28, 2022, immediately after the market close. The company will host a conference call at 3:30 p.m. Central Time to discuss the results, with an invitation extended to analysts and investors. Details for joining the call, including a conference ID and international dial-in numbers, have been provided. Knowles is recognized for its advanced audio solutions across various sectors.
DSP Concepts has launched a new toolkit for True Wireless Stereo (TWS) earbuds, featuring a reference design optimized for the Cadence® Tensilica® HiFi 5 DSP. This toolkit includes built-in audio processing blocks and algorithms developed with partners like Mimi Hearing Technologies and VisiSonics. It aims to simplify product development for OEMs, reducing complexity and risk while enhancing audio experiences. The offering includes the RAPID TWS Kit, allowing developers to prototype audio features efficiently. Recognized as industry-standard, the Audio Weaver platform accelerates audio innovation.
Knowles Corporation (NYSE: KN) announced the launch of its RAQ receiver, a medium-power balanced armature designed for high-volume hearing health and True Wireless Sound (TWS) products. With a Sound Pressure Level of 116dB at 500Hz, the RAQ receiver is tailored to meet the growing demand in the hearing aid market, especially following recent FDA rulings on over-the-counter hearing devices. Knowles emphasizes its advanced manufacturing capabilities, which enhance product reliability and supply chain traceability, positioning the company for substantial growth in this expanding market.
Knowles Corporation (NYSE: KN) reported robust Q4 results with gross margins of 43.1% and diluted EPS of $0.98. FY earnings from continuing operations reached $150 million, with adjusted EBIT at $174 million or 20.1% of revenues. The strong performance was attributed to a favorable product mix, particularly in Precision Devices and Hearing Health, with bookings up 40% year-over-year. The company anticipates continued growth in Q1 2022, aiming for higher non-GAAP margins and earnings compared to the prior year.
Knowles Corporation (NYSE: KN) announced its fourth quarter and full year 2021 financial results release date, set for February 9, 2022, after market close. A conference call will follow at 3:30 p.m. Central time. The company will partake in several upcoming investor conferences, including the Susquehanna Technology Conference on March 3, 2022, and the Roth Conference on March 14-15, 2022. Founded in 1946, Knowles is a leader in micro-acoustic microphones, serving diverse markets. For more information, visit knowles.com.
Knowles Corporation (NYSE: KN) announces a collaboration with Ole Wolff to enhance True Wireless Stereo (TWS) earphones by integrating a new high-performance balanced armature tweeter with an 8mm dynamic woofer. This hybrid audio solution promises superior sound quality in a compact design, featuring rich bass and effective active noise cancellation (ANC), meeting consumer demand for high-definition audio. The tweeter is capable of output up to 40 kHz, ensuring certification for JAS Hi-Res Audio, thus expanding OEM capabilities in the growing TWS market.
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