Knowles Corporation · NYSE:KN
Knowles — Q3 2019 Earnings Presentation
6 slides from Knowles's earnings presentation, Oct 24, 2019
Slide 1: Q3 2019 Supplemental Information
Q3 2019 October 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: Q3 '19 Financial Results (continuing operations)
Q3 '19 Financial Results (continuing operations*) Quarter over year ago period Q3FY19 Q3FY18 Change Revenues $235.9 million $236.2 million —% Gross profit $93.5 million $89.8 million 4% Non-GAAP gross profit $94.7 million $90.7 million 4% Diluted earnings (loss) per share $0.27 ($0.20) NM*** Non-GAA
Slide 4: Q4 '19 Projections (non-GAAP, cont. ops.)
Q4 '19 Projections (non-GAAP, cont. ops.)* Q4FY19E Revenues $225 million - $250 million Gross margin 39.5% - 42.5% EPS (diluted) $0.37 - $0.43 *Projections as of 10/24/19; Q4 2019 GAAP results are expected to include approximately $0.06 per share in stock-based compensation, $0.01 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 September 30, June 30, March 31, December 31, September 30, September 30, June 30, March 31, December 31, September 30, 2019 2019 2019 2018 2018 2019 2019 2019 2018 2018
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 September 30, June 30, March 31, December 31, September 30, 2019 2019 2019 2018 2018 Earnings before interest and income taxes Audio $ 39.1 $ 21.2 $ 11.8 $ 38.6 $ 37.5 Prec