Slide 1: Q1 '15 Supplemental Information
Q1 ’15 Supplemental Information April 23, 2015
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 '15 Financial Results
Q1 ‘15 Financial Results Quarter over year ago period Q1FY15 Q1FY14 Revenue $238.6 million $273.4 million Gross Profit $53.8 million $83.1 million Non-GAAP Gross Profit $58.8 million $89.0 million (Loss) Earnings Before Interest and Income Taxes $(9.9) million $10.8 million Adjusted Earnings Before
Slide 4: Revenue by quarter
$273.4 $281.0 $300.8 $286.1 $238.6 $0 $60 $120 $180 $240 $300 $360 Q1FY14 Q2FY14 Q3FY14 Q4FY14 Q1FY15 Revenue $ M il li o n s 4
Slide 5: Adjusted EBIT by quarter
Adjusted EBIT $ Mi ll io n s $32.1 $21.5 $42.2 $17.6 $8.6 $0 $10 $20 $30 $40 $50 Q1FY14 Q2FY14 Q3FY14 Q4FY14 Q1FY15 5
Slide 6: Revenue by Segment (% of revenue)
Revenue by Segment (% of revenue) Mobile Consumer 60% Specialty Components 40% Q1 2015 Q1 2014 Mobile Consumer 56% Specialty Components 44% 6
Slide 7: Q2 '15 Projections (non-GAAP)
Q2 ‘15 Projections (non-GAAP)* 7 Q2FY15E Revenue $240 million - $260 million Gross Margin 25 percent - 27 percent Adjusted EBIT Margin 3 percent – 5 percent EPS (diluted) $0.03 - $0.09 Shares Outstanding (diluted) 86.1 million *Projections as of 4/23/15; Q2 2015 GAAP results are expected to include
Slide 8: Historical Segment Data
Historical Segment Data 8 (in $ millions) March 31, 2015 December 31, 2014 September 30, 2014 June 30, 2014 March 31, 2014 March 31, 2015 December 31, 2014 September 30, 2014 June 30, 2014 March 31, 2014 Revenues 134.7$ 170.9$ 182.5$ 166.7$ 164.0$ 103.9$ 115.2$ 118.3$ 114.3$ 109.4$ Gross Profit 19.2
Slide 9: Reconciliation of Segment EBIT to Consolidated Net Earnings
Reconciliation of Segment EBIT to Consolidated Net Earnings 9 (in $ millions) March 31, 2015 December 31, 2014 September 30, 2014 June 30, 2014 March 31, 2014 (Loss) earnings before interest and income taxes Mobile Consumer Electronics (12.0)$ (12.2)$ (21.7)$ (47.5)$ 6.8$ Specialty Components 12.7 1