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Knowles: Q2 Earnings Snapshot

Knowles: Q2 Earnings Snapshot

By AP News
Published - Aug 01, 2024, 02:02 AM ET
Last Updated - Aug 01, 2024, 02:02 AM EDT

ITASCA, Ill. (AP) — ITASCA, Ill. (AP) — Knowles Corp. (KN) on Wednesday reported a loss of $259.3 million in its second quarter.

The Itasca, Illinois-based company said it had a loss of $2.90 per share. Earnings, adjusted for one-time gains and costs, were 24 cents per share.

The maker acoustic components such as microphones posted revenue of $204.7 million in the period.

For the current quarter ending in September, Knowles expects its per-share earnings to range from 29 cents to 33 cents.

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