Investing.com - Knowles (NYSE:KN) Cor reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Knowles Cor announced earnings per share of $0.25 on revenue of $178.20. Analysts polled by Investing.com anticipated EPS of $0.47 on revenue of $244.52M.
Knowles Cor shares are down 18% from the beginning of the year, still down 46.20% from its 52 week high of $23.81 set on January 5.
Knowles Cor follows other major Information Technology sector earnings this month
Knowles Cor's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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