Knowles Corporation · NYSE:KN

Knowles — Q2 2018 Earnings Presentation

6 slides from Knowles's earnings presentation, Jul 24, 2018

  1. Slide 1: Q2 2018 Supplemental Information

    Q2 2018 July 24, 2018 Supplemental Information

  2. 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

  3. Slide 3: Q2 '18 Financial Results (continuing operations)

    Q2 ‘18 Financial Results (continuing operations*) Quarter over year ago period Q2FY18 Q2FY17 Change Revenues $188.4 million $164.4 million 15% Gross profit $73.2 million $63.2 million 16% Non-GAAP gross profit $74.2 million $66.4 million 12% Diluted earnings (loss) per $0.05 $(0.35) NM** share Non-G

  4. Slide 4: Q3 '18 Projections (non-GAAP, cont. ops.)

    Q3 ‘18 Projections (non-GAAP, cont. ops.)* Q3FY18E Revenues $205 million - $235 million Gross margin 38 percent – 41 percent EPS (diluted) $0.27 - $0.33 *Projections as of 7/24/18; Q3 2018 GAAP results for continuing operations are expected to include approximately $0.07 per share in stock-based com

  5. Slide 5: Historical Segment Data (Cont. Ops.; in $ millions)

    Historical Segment Data (Cont. Ops.; in $ millions) Audio / Precision Devices Audio Precision Devices Quarter Ended Quarter Ended June 30, March 31, December 31, September 30, June 30, June 30, March 31, December 31, September 30, June 30, 2018 2018 2017 2017 2017 2018 2018 2017 2017 2017 Revenues $

  6. 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 June 30, March 31, December 31, September 30, June 30, 2018 2018 2017 2017 2017 Earnings (loss) before interest and income taxes Audio $ 17.3 $ 12.3 $ 46.2 $ 28.1 $ (7.1) P

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