Knowles Corporation · NYSE:KN
Knowles — Q2 2019 Earnings Presentation
6 slides from Knowles's earnings presentation, Jul 24, 2019
Slide 1: Q2 2019 Supplemental Information
Q2 2019 July 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: Q2 '19 Financial Results (continuing operations)
Q2 ‘19 Financial Results (continuing operations*) Quarter over year ago period Q2FY19 Q2FY18 Change Revenues $205.2 million $188.4 million 9% Gross profit $76.4 million $73.2 million 4% Non-GAAP gross profit $78.1 million $74.2 million 5% Diluted earnings per share $0.06 $0.05 20% Non-GAAP diluted e
Slide 4: Q3 '19 Projections (non-GAAP, cont. ops.)
Q3 ‘19 Projections (non-GAAP, cont. ops.)* Q3FY19E Revenues $225 million - $245 million Gross margin 39 percent – 42 percent EPS (diluted) $0.35 - $0.41 *Projections as of 7/24/19; Q3 2019 GAAP results are expected to include approximately $0.07 per share in stock-based compensation, $0.01 per share
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, 2019 2019 2018 2018 2018 2019 2019 2018 2018 2018 Revenues $
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, 2019 2019 2018 2018 2018 Earnings before interest and income taxes Audio $ 21.2 $ 11.8 $ 38.6 $ 37.5 $ 17.3 Precision