Knowles Corporation (NYSE: KN) reported Q1 EPS of $0.32, $0.02 better than the analyst estimate of $0.30. Revenue for the quarter came in at $273 million versus the consensus estimate of $263 million.

“We delivered first quarter earnings that were in line with our prior analyst day projections provided on February 19, 2014,” said Jeffrey Niew, President and CEO of Knowles. “Revenue from both our Mobile Consumer Electronics and Specialty Components segments exceeded our expectations in the first quarter. Within Mobile Consumer, we experienced stronger than expected demand from a North American OEM customer. Sales of Precision Devices were also better than we expected fueled by improved communications infrastructure spending as 4G/LTE rollouts continue throughout the world.

“We continue to believe that 2014 will be another year of revenue growth for Knowles, driven by new product launches weighted to the second half of the year in our Mobile Consumer segment, and continued strength in the Specialty Components segment. With the projected top line growth and the continuing optimization of our global manufacturing footprint, we expect to drive year-over-year margin expansion beginning in the fourth quarter of 2014.”

For earnings history and earnings-related data on Knowles Corporation (KN) click here.