New York-based Harvey Partners initiated a new stake in Knowles Corporation, acquiring 622,500 shares for an estimated $14.5 million in the third quarter. The change represents 1.3% of Harvey Partners' 13F reportable assets under management as of September 30.
Knowles Corporation (NYSE:KN ) Q2 2025 Earnings Conference Call July 24, 2025 4:30 PM ET Company Participants Sarah Cook - Vice President of Investor Relations Jeffrey Niew - President, CEO & Director John Anderson - Senior VP, CFO & Interim Principal Accounting Officer Conference Call Participants Christopher Rolland - Susquehanna Financial Group, LLLP, Research Division Bob Labick - CJS Securities, Inc. Operator Good afternoon, ladies and gentlemen, and thank you for standing by. My name is Kelvin, and I will be your conference operator today.
Knowles is a stable, undervalued industrial play with upside as its MedTech & Specialty Audio segment recovers and Precision Devices gains momentum. MSA margins have likely bottomed; improvement is expected as product mix normalizes and Syntiant volumes scale, making margin recovery a key Q2 catalyst. The PD segment is poised for growth, with strong bookings, a healthy backlog, and new specialty film products set to drive high-margin throughput in H2 FY25.
| Communications Equipment Industry | Information Technology Sector | Jeffrey S. Niew CEO | XFRA Exchange | US49926D1090 ISIN |
| US Country | 5,500 Employees | - Last Dividend | - Last Split | 14 Feb 2014 IPO Date |
Knowles Corporation is a leader in the manufacture and sale of advanced acoustic components and audio solutions with a diverse and global reach. Serving markets in Asia, the United States, Europe, and internationally, the company operates through three main segments: Precision Devices (PD), Medtech & Specialty Audio (MSA), and Consumer MEMS Microphones (CMM). Its products find application across a broad range of industries, including defense, medical technology, electric vehicles, industrial, communications, and consumer electronics. Originally founded in 1946, Knowles Corporation has its headquarters in Itasca, Illinois, and has established itself as a key supplier for original equipment manufacturers, their contract manufacturers, suppliers, sales representatives, and distributors worldwide.
Precision Devices (PD): This segment focuses on the design and delivery of specialized capacitor products, such as film, electrolytic, and mica capacitors used in power supplies and medical implants. Additionally, it offers electromagnetic interference filters and radio frequency filtering solutions essential for satellite communications and radar systems utilized in defense applications.
Medtech & Specialty Audio (MSA): Knowles designs and manufactures balanced armature speakers and microphones primarily targeting the hearing health market, along with the audio industry and True Wireless Stereo (TWS) markets. These products are crafted to meet the high-quality audio requirements of customers in medical and professional audio fields.
Consumer MEMS Microphones (CMM): The CMM segment is focused on the design and manufacturing of micro-electro-mechanical systems (MEMS) microphones. These cutting-edge audio solutions are tailored for applications across a wide range of consumer electronic devices such as ear products, mobile phones, TWS devices, Internet of Things (IoT) gadgets, computing technologies, and smartphones. This segment underscores Knowles's commitment to innovation in the fast-evolving consumer electronics space.