Knowles Reports 20% Revenue Growth Driven by Strong Component Demand
1 report, 1 independent
Updated Mon 00:00
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What happened
Knowles announced third-quarter revenue of $184 million, representing 20% year-over-year growth. The company noted that customer demand for specialized electronic components across defense, medical, and industrial markets is expanding. Jeffrey Niew, who assumed the role of President and CEO on November 2, 2026, stated that the Precision Devices segment had a book-to-bill ratio of 1.5.
From fool.com
Why it matters
Strong customer orders have pushed manufacturing lines near maximum output, prompting Knowles to add capacity to support the demand. The company also plans to broaden its addressable market by developing new components, such as power attenuators.
From fool.com
Who's involved
- KnowlesCompany reporting Q3 earnings and noting strong demand for electronic components
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The entities involved
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Knowles
town in Oklahoma, USA
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