Knowles Signs a Definitive Agreement for the Sale of the Consumer MEMS Microphone Business
Knowles Corporation (KN)
Last knowles corporation earnings: 2/4 04:05 pm
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Source: Business Wire
Transaction will further transform Knowles into a premier industrial technology companyUpdates Q3 Guidance and Provides Q4 revenue outlook for continuing operations ITASCA, Ill.--(BUSINESS WIRE)--Knowles Corporation (NYSE: KN) ("Knowles" or the "Company"), a leading global supplier of high performance electronics for demanding applications, including capacitors and radio frequency ("RF") filters, advanced medtech microphones, and balanced armature speakers, announced today that, following a thorough strategic review, it has entered into a definitive agreement to sell its Consumer MEMS Microphones ("CMM") business to Syntiant Corp ("Syntiant") for $150 million (the "Transaction").The Transaction supports Knowles' continued transformation into an industrial technology company, consisting of its Precision Devices ("PD") and MedTech & Specialty Audio ("MSA") segments, primarily serving the aerospace, defense, medtech, industrial, and electrification markets. On a pro forma basis, the r
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- Knowles Co. (NYSE: KN) had its price target lowered by analysts at Susquehanna from $20.00 to $19.00. They now have a "neutral" rating on the stock.MarketBeat
- Knowles Corporation (KN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
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Earnings
- 10/24/24 - Beat
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Sec Filings
- 11/12/24 - Form 4
- 11/7/24 - Form 144
- 11/7/24 - Form 4
- KN's page on the SEC website