Knowles Corporation reported revenues of $184.0 million for the third quarter of 2026, representing an increase from $152.9 million in the third quarter of 2025. GAAP diluted earnings per share from continuing operations were $0.24, compared to $0.21 in the prior year period. Non-GAAP diluted earnings per share were $0.38, up from $0.33 in the third quarter of 2025. Net cash provided by operating activities was $44.6 million, compared to $29.1 million in the prior year period.

According to Jeffrey Niew, President and CEO of Knowles, total company revenue grew 20% year over year in the third quarter, and the book-to-bill ratio in Precision Devices remained above one for the eighth consecutive quarter. The company delivered growth across its four major markets of Medtech, Defense, Industrial, and Electrification, and expects full year 2026 revenue to grow 16% at the mid-point of its fourth quarter guided range.

For the fourth quarter of 2026, Knowles Corporation expects revenues from continuing operations to be between $180 to $190 million. GAAP diluted earnings per share from continuing operations are projected to be in the range of $0.31 to $0.35, with non-GAAP diluted earnings per share expected to be between $0.39 to $0.43. Net cash provided by operating activities is estimated to be in the range of $60 to $70 million.

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