Knowles sees Q1 EPS 10c-14c, consensus 18c
Sees Q1 revenue $170M-$190M, consensus $185.67M. The company's CEO said, "As we enter 2018, I anticipate higher microphone sales into the IoT and headset markets, coupled with strong growth in Precision Devices, will drive favorable results. In addition, our full product line of open, DSP-based solutions is gaining traction across our mobile, ear, and IoT markets as we continue our transition to an audio solutions provider. I believe that the number and quality of engagements we are seeing serves as a confirmation of our intelligent audio strategy. We continue to believe that we are uniquely positioned across our end markets to deliver best-in-class audio input solutions for our customers that leverage our leading-edge acoustics with digital signal processing and algorithms."