ITASCA, Ill. (AP) — ITASCA, Ill. (AP) — Knowles Corp. (KN) on Thursday reported earnings of $18.5 million in its fourth quarter.
On a per-share basis, the Itasca, Illinois-based company said it had profit of 21 cents. Earnings, adjusted for one-time gains and costs, were 27 cents per share.
The maker acoustic components such as microphones posted revenue of $142.5 million in the period.
For the year, the company reported a loss of $237.8 million, or $2.64 per share. Revenue was reported as $553.5 million.
For the current quarter ending in March, Knowles expects its per-share earnings to range from 16 cents to 20 cents.
The company said it expects revenue in the range of $124 million to $134 million for the fiscal first quarter.
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