Knowles: Q1 Earnings Snapshot
ITASCA, Ill. (AP) — ITASCA, Ill. (AP) — Knowles Corp. (KN) on Thursday reported a loss of $2 million in its first quarter.
On a per-share basis, the Itasca, Illinois-based company said it had a loss of 2 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.
The maker acoustic components such as microphones posted revenue of $132.2 million in the period.
For the current quarter ending in June, Knowles expects its per-share earnings to range from 21 cents to 25 cents.
The company said it expects revenue in the range of $135 million to $145 million for the fiscal second quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KN at https://www.zacks.com/ap/KN