Knowles Corporation · NYSE:KN
Knowles — Q4 2019 Earnings Presentation
7 slides from Knowles's earnings presentation, Feb 4, 2020
Slide 1: Q4 2019 Supplemental Information
Q4 2019 February 4, 2020 Supplemental Information
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: Q4 '19 Financial Results (continuing operations)
Q4 '19 Financial Results (continuing operations) Quarter over year ago period Q4FY19 Q4FY18 Change Revenues $233.9 million $223.8 million 5% Gross profit $89.6 million $94.3 million (5)% Non-GAAP gross profit $90.9 million $95.4 million (5)% Diluted earnings per share $0.22 $0.87 (75)% Non-GAAP dilu
Slide 4: Q1 '20 Projections (non-GAAP, cont. ops.)
Q1 '20 Projections (non-GAAP, cont. ops.)* Q1FY20 Revenues $160 million - $190 million Gross margin 37.5% - 40.5% EPS (diluted) $0.08 - $0.16 *Projections as of 2/4/20; Q1 2020 GAAP results are expected to include approximately $0.07 per share in stock-based compensation and $0.03 per share in amort
Slide 5: Historical Segment Data Audio / Precision Devices
Historical Segment Data Audio / Precision Devices (Cont. Ops.; in $ millions) Audio Precision Devices Quarter Ended Quarter Ended December 31, September 30, June 30, March 31, December 31, December 31, September 30, June 30, March 31, December 31, 2019 2019 2019 2019 2018 2019 2019 2019 2019 2018 Re
Slide 6: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings Audio / Precision Devices (Cont. Ops.; in $ millions) Quarter Ended December 31, September 30, June 30, March 31, December 31, 2019 2019 2019 2019 2018 Earnings before interest and income taxes Audio $ 35.2 $ 39.1 $ 21.2 $ 11.8 $ 38.6 Preci
Slide 7: Free Cash Flow
Free Cash Flow Free Cash Flow (in $ millions) FY2019 FY2018 Cash flow provided by operating activities $ 123.9 $ 98.5 Less: Capital expenditures $ (41.2) $ (80.1) Free cash flow $ 82.7 $ 18.4 Free cash flow as a percentage of revenues 9.7 % 2.2 % 7