SUNNYVALE, CA, May 8, 2018 – Trimble Inc. announced financial results for the first quarter of 2018. First quarter 2018 revenue of $742.2M was up 4.8% as compared to the fourth quarter of 2017. GAAP net income was $58.7M.
Comparative analysis based on Trimble’s financial results in the last 12 quarters (Result source Trimble website)
Comparative analysis based on Trimble’s financial results in the last 12 quarters (Result source Trimble website)
“The strength of the first quarter reflects our improving competitive position and strong execution in every segment,” said Steven W. Berglund, Trimble’s president and chief executive officer. “Our strategic evolution, which is expected to accelerate with the recently announced Viewpoint and e-Builder acquisitions, will lead to higher value added solutions and higher revenue growth. These acquisitions are expected to be accretive to operating margins and cash flow in 2019.”
A complete chart of the financial results is available here.
About Trimble
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.