- Knowles Corporation (KN, Financial) reported Q1 2025 revenues of $132M, reaching the high-end of their guidance.
- Q2 revenues projected to increase by 4% year-over-year, reflecting ongoing demand strength.
- Debt reduction by $15 million and $5 million share repurchase in Q1 2025 highlight financial discipline.
Knowles Corporation (KN), a leader in electronic components manufacturing, has announced its financial results for Q1 2025, reporting $132 million in revenues from continuing operations, which is at the high end of the company's guidance.
Net cash provided by operations exceeded expectations, signifying robust financial performance despite macroeconomic uncertainties. The company's non-GAAP diluted EPS from continuing operations was at the midpoint of their guidance.
For Q2 2025, Knowles anticipates a 4% year-over-year revenue growth, demonstrating positive momentum and confidence in sustained demand across its business segments. The company noted significant order activity in its Precision Devices segment and stable performance in MedTech and Specialty Audio.
In Q1 2025, Knowles re-purchased $5 million of its shares and reduced debt by $15 million, indicating continued efforts to strengthen its balance sheet and shareholder value.
Knowles plans to provide further insights into its strategic initiatives and financial outlook during its Investor Day scheduled for May 13, 2025.
