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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) 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.
Knowles Corporation (NYSE: KN) has launched the GM series receiver, a two-way balanced armature receiver designed for hearing aids, in partnership with Lucid Hearing. This receiver offers audiophile-quality sound and enhances the music-listening experience for those with hearing impairments. The new technology provides significant improvements in sound clarity and comfort, enabling users to enjoy music more fully. This product represents a notable advancement in the convergence of hearing health and premium audio, marking a milestone for Knowles in the hearing aid market.
Knowles Corporation (NYSE: KN) will participate in two significant financial conferences. The Roth 10th Annual Technology Event will be held virtually on
Knowles Corporation (NYSE: KN) will host an Investor Update call on November 30, 2021, from 9:00 a.m. CT to 11:00 a.m. CT. The event will feature insights from Jeffrey Niew, CEO, and John Anderson, CFO, discussing the company's growth strategies, capital allocation, and mid-term targets. Investors can access the webcast on the Investor Relations page of knowles.com. A replay will be available post-event, and participants can also join via phone using the provided numbers.
Knowles Corporation (NYSE: KN) reported a strong Q3 2021, with revenues of $233 million, marking an 8% increase year-over-year. Non-GAAP gross margins reached 41.8%, while diluted EPS was $0.29, exceeding expectations. Cash from operations totaled $56 million. The company highlighted record revenues in its Precision Devices segment, up 35% driven by high demand across various markets. Looking ahead, Knowles anticipates further growth in Q4, driven by favorable product mix and operating leverage, aiming to achieve record cash operations for the full year.
Knowles Corporation (NYSE: KN) will release its third quarter 2021 financial results on October 27, 2021, after market close, followed by a conference call at 3:30 p.m. Central time. Analysts and investors can access the call using specific dial-in numbers and a conference ID. A replay of the call will be available until November 4, 2021. Knowles is a leader in micro-acoustic microphones and audio processing solutions, serving diverse markets including consumer electronics and medtech, and aims to diversify revenue through innovative solutions.
Knowles Corporation (NYSE: KN) announced the passing of Ronald Jankov, a board member since its public debut in 2014. His contributions as a founder and CEO of GlobalLink1 Capital significantly impacted the company. CEO Jeffrey Niew and chairman Donald Macleod expressed their deep condolences, highlighting Jankov's leadership and commitment. This loss may create a leadership gap for Knowles, which specializes in advanced audio solutions across various markets.
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