Knowles surges on earnings beat and strong guidance
Investing.com -- Knowles Corporation (NYSE:KN) reported third-quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.38 beating the consensus estimate of $0.36, while revenue of $184 million surpassed expectations of $172.1 million. Revenue increased 20% YoY from $152.9 million in the year-ago quarter. The specialty electronic components manufacturer also issued fourth-quarter guidance above Wall Street forecasts.
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