Business Context and Reporting Period
Company: Knowles Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: February 23, 2023
Event: Regulation FD Disclosure regarding an updated investor presentation.
This filing discloses that Knowles Corporation updated its fiscal year 2022 estimated results with full-year actual results. The update was originally presented during an investor call on November 29, 2022, and is included as Exhibit 99.1. The filing covers the company's new segment reporting structure, growth strategies, end markets, and capital allocation framework.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the attached Exhibit 99.1 (Investor Presentation) referenced in the filing but are not detailed in the body of this 8-K report.
Material Changes
The primary material change disclosed is the revision of fiscal year 2022 estimated results to reflect full-year actual results. The filing notes that forward-looking statements in the updated presentation remain as of November 29, 2022.
Guidance, Outlook, and Risks
- Outlook: The company intends to use the updated Investor Presentation in future meetings with investors.
- Non-GAAP Measures: The presentation includes non-GAAP financial measures, with reconciliations to GAAP measures provided in the exhibit.
- Legal Status: The information in this 8-K and Exhibit 99.1 is furnished and not deemed "filed" under Section 18 of the Exchange Act, nor is it incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 to obtain the specific full-year fiscal 2022 financial results and non-GAAP reconciliations.
- Verify the details of the new segment reporting structure and capital allocation framework described in the presentation.
- Confirm that forward-looking statements are understood to be as of November 29, 2022, and not updated as of the filing date (February 23, 2023).