Knoll (KNL) Tops Q1 EPS by 5c

Knoll (NYSE: KNL) reported Q1 EPS of $0.18, $0.05 better than the analyst estimate of $0.13. Revenue for the quarter came in at $229.3 million versus the consensus estimate of $219.2 million.

"We are pleased to kick off 2014 with growth in sales, margins and operating profits," commented Andrew Cogan, CEO. "In what is seasonally our weakest quarter, organic sales growth exceeded the industry, and operating profits and margins expanded. I believe we have turned the corner and that the combination of improving market conditions, diminished government headwinds, the success of strategic investments in our businesses to grow our top and bottom lines and most recently the acquisition of HOLLY HUNT®, bode well for the balance of 2014 and beyond," he added.

For earnings history and earnings-related data on Knoll (KNL) click here.

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