Knowles Corporation · NYSE:KN
Knowles — Q1 2019 Earnings Presentation
6 slides from Knowles's earnings presentation, Apr 24, 2019
Slide 1: Q1 2019 Supplemental Information
Q1 2019 April 24, 2019 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: Q1 '19 Financial Results (continuing operations)
Q1 ‘19 Financial Results (continuing operations*) Quarter over year ago period Q1FY19 Q1FY18 Change Revenues $179.8 million $178.5 million 1% Gross profit $68.5 million $65.3 million 5% Non-GAAP gross profit $69.9 million $66.7 million 5% Diluted (loss) earnings per $(0.03) $0.00 NM** share Non-GAAP
Slide 4: Q2 '19 Projections (non-GAAP, cont. ops.)
Q2 ‘19 Projections (non-GAAP, cont. ops.)* Q2FY19E Revenues $185 million - $205 million Gross margin 38 percent – 41 percent EPS (diluted) $0.17 - $0.21 *Projections as of 4/24/19; Q2 2019 GAAP results are expected to include approximately $0.06 per share in stock-based compensation, $0.03 per share
Slide 5: Historical Segment Data (Cont. Ops.; in $ millions)
Historical Segment Data (Cont. Ops.; in $ millions) Audio / Precision Devices 5 5
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 March 31, December 31, September 30, June 30, March 31, 2019 2018 2018 2018 2018 Earnings before interest and income taxes Audio $ 11.8 $ 38.6 $ 37.5 $ 17.3 $ 12.3 Precisio