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Stock impact report

Knowles Announces Preliminary First Quarter 2020 Results and Sets Date to Review Detailed Results

Knowles Corporation (KN) 
Last knowles corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.knowles.com
Company Research Source: Business Wire
ITASCA, Ill.--(BUSINESS WIRE)--Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro-acoustic, audio processing, and precision device solutions, today announced preliminary results for the quarter ended March 31, 2020. The Company expects the COVID-19 pandemic to have a greater impact than originally anticipated when it provided its first quarter outlook on February 4, 2020.Revenue for the first quarter of 2020 is expected to be $163 million.The Company expects a diluted loss per share from continuing operations for the first quarter of 2020 to be ($0.16) to ($0.12).On a non-GAAP, continuing operations basis, diluted earnings per share is expected to be $0.00 to $0.04.These preliminary financial results are subject to completion of the Company’s customary quarterly closing and review procedures.“In the first quarter of 2020, COVID-19 caused significant disruptions within Knowles’ manufacturing operations across Asia which negatively impacted plant p Show less Read more
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