ITASCA, Ill. (AP) — ITASCA, Ill. (AP) — Knowles Corp. (KN) on Thursday reported net income of $500,000 in its third quarter.
The Itasca, Illinois-based company said it had net income of 1 cent per share. Earnings, adjusted to account for discontinued operations and stock option expense, came to 26 cents per share.
The maker acoustic components such as microphones posted revenue of $142.5 million in the period.
For the current quarter ending in December, Knowles expects its per-share earnings to range from 26 cents to 30 cents.
The company said it expects revenue in the range of $141 million to $151 million for the fiscal fourth quarter.
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