SUNNYVALE, CA, Apr 28, 2017 – Trimble Inc. announced financial results for the first quarter of 2017. First quarter 2017 revenue of $613.9 million was up 4.9 percent as compared to the last quarter of 2016. GAAP net income was $50.5 million.
“We continued to demonstrate progression in the first quarter, with accelerating revenue growth and significant margin improvement,” said Steven W. Berglund, Trimble’s president and chief executive officer. “Our outlook for the remainder of the year anticipates continuing year-over-year improvement in both revenue and profitability.”
A complete chart of the financial results is available here.
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming a broad range of industries such as agriculture, construction, geospatial and transportation and logistics.
For more information about Trimble, visit www.trimble.com.