Knowles Corp

NYSE:KNUnited States

Sep 19, 2024

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• Knowles Signs a Definitive Agreement for the Sale -2-, from 10:57PM ET on Thursday Sep 19, 2024 by Dow Jones

  10:57PM ET on Thursday Sep 19, 2024 by Dow Jones
  Companies Mentioned: KN
  
  employee retention as a result of the announcement and pendency of the Transaction; the response of customers, distributors, suppliers and competitors to the announcement of the Transaction; incurrence of additional impairment charges and a significant charge to earnings due to future events or factors, such as the Company's inability to realize expected synergies from its acquisitions; fluctuations in our stock's market price; fluctuations in operating results and cash flows; our ability to prevent or identify quality issues in our products or to promptly remedy any such issues that are identified; the timing of OEM product launches; risks associated with increasing our inventories in advance of anticipated orders by customers; global economic instability, including due to inflation, rising interest rates, negative impacts caused by pandemics and public health crises, or the impacts of geopolitical uncertainties; the impact of changes to laws and regulations that affect the Company's ability to offer products or services to customers in different regions; our ability to achieve reductions in our operating expenses; the ability to qualify our products and facilities with customers; our ability to obtain, enforce, defend or monetize our intellectual property rights; disruption caused by a cybersecurity incident, including a cyber-attack, cyber breach, theft, or other unauthorized access; increases in the costs of critical raw materials and components; availability of raw materials and components; managing new product ramps and introductions for our customers; our dependence on a limited number of large customers; our ability to maintain and expand our existing relationships with leading OEMs in order to maintain and increase our revenue; increasing competition and new entrants in the market for our products; our ability to develop new or enhanced products or technologies in a timely manner that achieve market acceptance; our reliance on third parties to manufacture, assemble, and test our products and sub-components; escalating international trade tensions, new or increased tariffs and trade wars among countries; financial risks, including risks relating to currency fluctuations, credit risks and fluctuations in the market value of the Company; a sustained decline in our stock price and market capitalization may result in the impairment of certain intangible or long-lived assets; market risk associated with fluctuations in commodity prices, particularly for various precious metals used in our manufacturing operation, changes in tax laws, changes in tax rates and exposure to additional tax liabilities; and other risks, relevant factors, and uncertainties identified in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, subsequent Reports on Forms 10-Q and 8-K and our other filings we make with the U.S. Securities and Exchange Commission. Knowles disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
  

• Sector Update: Tech Stocks Flat to Higher Premarket Thursday, from 9:15AM ET on Thursday Sep 19, 2024 by MT Newswires

  9:15AM ET on Thursday Sep 19, 2024 by MT Newswires
  Companies Mentioned: COHR, XLK, XSD, DAVA, KN
  09:15 AM EDT, 09/19/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 2.4% and the SPDR S&P Semiconductor ETF (XSD) was inactive recently. Coherent (COHR) shares ro...

• Knowles to Sell Consumer MEM Microphones Unit to Syntiant for $150 Million, from 7:33AM ET on Thursday Sep 19, 2024 by MT Newswires

  7:33AM ET on Thursday Sep 19, 2024 by MT Newswires
  Companies Mentioned: KN
  07:33 AM EDT, 09/19/2024 (MT Newswires) -- AI equipment company Syntiant said Thursday it signed a deal to acquire certain assets of Knowles' (KN) consumer micro-electro-mechanical systems microphones business. Syntiant said it will pay $150 million...

• Syntiant to Acquire Knowles' Consumer MEMS Microphone Division, from 7:05AM ET on Thursday Sep 19, 2024 by Dow Jones

  7:05AM ET on Thursday Sep 19, 2024 by Dow Jones
  Companies Mentioned: KN
  
  Syntiant to Acquire Knowles' Consumer MEMS Microphone Division
  
  $150 Million Transaction to Bolster Adoption of Edge AI, Offering Complete Turnkey Solutions Integrating Sensors, Processors and Software
  

• *DJ Knowles Sees 3Q Rev $139M-$143M >KN, from 6:58AM ET on Thursday Sep 19, 2024 by Dow Jones

  6:58AM ET on Thursday Sep 19, 2024 by Dow Jones
  Companies Mentioned: KN