KN earnings call for the period ending March 31, 2020.
News & Analysis: Knowles Corporation
Weak earnings and light guidance left the electronics component manufacturer down big today.
The maker of electronic components and compact microphones had a very good day today, thanks to a solid third-quarter report.
The supplier of microphones for Apple's iPhone handsets crushed analyst expectations in the second quarter.
Despite missing estimates, management's upbeat sentiment for the rest of the year has investors optimistic.
The microphone maker swung to a loss, but analysts still see a solid year ahead.
The company swung to a loss during its second quarter because of higher expenses and a variety of one-time charges.
The micro-acoustic specialist performed better than analysts were expecting, and new product launches during the second half should drive growth.