Knowles Corporation · NYSE:KN
Knowles — Q4 2016 Earnings Presentation
10 slides from Knowles's earnings presentation, Feb 6, 2017
Slide 1: Q4 & Full Year 2016 Supplemental Information
February 6, 2017 Q4 & Full Year 2016 Supplemental Information
Slide 2: Non-GAAP Disclaimer
Non-GAAP Disclaimer 2 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
Slide 3: Q4 '16 Financial Results (continuing operations)
Q4 ‘16 Financial Results (continuing operations) 3 Quarter over year ago period Q4FY16 Q4FY15 Revenue $240.6 million $223.5 million Gross Profit $94.0 million $81.1 million Non-GAAP Gross Profit $94.4 million $92.6 million Diluted Earnings (Loss) Per Share $0.19 $(0.07) Non-GAAP Diluted Earnings Per
Slide 4: Revenue (Cont. Ops.)
Revenue (Cont. Ops.) 4 $223.5 $185.3 $190.3 $243.1 $240.6 $0 $50 $100 $150 $200 $250 $300 Q4FY15 Q1FY16 Q2FY16 Q3FY16 Q4FY16
Slide 5: Q4 '16 Revenue by Segment
Q4 ’16 Revenue by Segment Cont. Ops. (% of revenue) 5 Mobile Consumer Electronics 56% Specialty Components 44%
Slide 6: Q1 '17 Projections vs. Q1 '16 Actuals
Q1 ‘17 Projections vs. Q1 ‘16 Actuals (non-GAAP, cont. ops.)* 6 Q1FY17E Q1FY16 Revenue $180 million - $200 million 185.3 million Gross Margin 36 percent - 39 percent 37.7 percent EPS (diluted) $0.08 - $0.14 $0.08 *Projections as of 2/6/17; Q1 2017 GAAP results for continuing operations are expected
Slide 7: Historical Segment Data
Historical Segment Data Mobile Consumer Electronics / Specialty Components 7 (Cont. Ops.; in $ millions) December 31, 2016 September 30, 2016 June 30, 2016 March 31, 2016 December 31, 2015 December 31, 2016 September 30, 2016 June 30, 2016 March 31, 2016 December 31, 2015 Revenues 133.9$ 140.4$ 82.2
Slide 8: Pro Forma 2016 Segment Data
Pro Forma 2016 Segment Data Audio / Precision Devices (assumes new segmentation effective 1/1/16) 8 (Cont. Ops.; in $ millions) December 31, 2016 September 30, 2016 June 30, 2016 March 31, 2016 December 31, 2016 September 30, 2016 June 30, 2016 March 31, 2016 Revenues 190.3$ 193.4$ 140.3$ 137.9$ 50.
Slide 9: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings Mobile Consumer Electronics / Specialty Components 9 (Cont. Ops.; in $ millions) 9
Slide 10: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings Audio / Precision Devices 10 (Cont. Ops.; in $ millions) 10