Slide 1: Q2 '15 Supplemental Information
Q2 ’15 Supplemental Information July 27, 2015
Slide 2: Non-GAAP Disclaimer
Non-GAAP Disclaimer The financial results disclosed in this presentation include certain measures calculated and presented in accordance with GAAP. In addition to the GAAP results included in this presentation, Knowles has presented supplemental, non-GAAP gross profit, earnings before interest and i
Slide 3: Q2 '15 Financial Results
Q2 ‘15 Financial Results Quarter over year ago period Q2FY15 Q2FY14 Revenue $240.9 million $281.0 million Gross Profit $56.6 million $33.8 million Non-GAAP Gross Profit $65.7 million $82.1 million Loss Before Interest and Income Taxes $(12.7) million $(44.0) million Adjusted Earnings Before Interest
Slide 4: Revenue by quarter
$281.0 $300.8 $286.1 $238.6 $240.9 $0 $60 $120 $180 $240 $300 $360 Q2FY14 Q3FY14 Q4FY14 Q1FY15 Q2FY15 Revenue $ M il li o n s 4
Slide 5: Adjusted EBIT
Adjusted EBIT $ Mi ll io n s $21.5 $42.2 $17.6 $8.6 $12.0 $0 $10 $20 $30 $40 $50 Q2FY14 Q3FY14 Q4FY14 Q1FY15 Q2FY15 5
Slide 6: Revenue by Segment (% of revenue)
Revenue by Segment (% of revenue) Mobile Consumer 59% Specialty Components 41% Q2 2015 Q2 2014 Mobile Consumer 55% Specialty Components 45% 6
Slide 7: Q3 '15 Projections (non-GAAP)
Q3 ‘15 Projections (non-GAAP)* 7 Knowles Ex-Audience Q3FY15E Revenue $275 million - $295 million Gross Margin 30 percent - 32 percent Adjusted EBIT Margin 11 percent – 13 percent EPS (diluted) $0.25 - $0.33 Shares Outstanding (diluted) 86.5 million *Projections as of 7/27/15; The expected impact of
Slide 8: Historical Segment Data
Historical Segment Data 8 (in $ millions) June 30, 2015 March 31, 2015 December 31, 2014 September 30, 2014 June 30, 2014 June 30, 2015 March 31, 2015 December 31, 2014 September 30, 2014 June 30, 2014 Revenues 132.3$ 134.7$ 170.9$ 182.5$ 166.7$ 108.6$ 103.9$ 115.2$ 118.3$ 114.3$ Gross Profit 18.1$
Slide 9: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings 9 (in $ millions) June 30, 2015 March 31, 2015 December 31, 2014 September 30, 2014 June 30, 2014 (Loss) earnings before interest and income taxes Mobile Consumer Electronics (15.2)$ (12.0)$ (12.2)$ (21.7)$ (47.5)$ Specialty Components 16.3