Trimble Q2 Revenue Up 6% to $786M with $64M Profit

SUNNYVALE, CA, Aug 2, 2018 – Trimble Inc. announced financial results for the second quarter of 2018. Second quarter 2018 revenue of $785.5M was up 5.8% as compared to the first quarter of same year. GAAP net income was $64.1M.

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 second quarter revenue and income exceeded our expectations and continued the strong momentum that we have seen during the last year in all segments,” said Steven W. Berglund, Trimble’s president and chief executive officer. “The performance confirms the strength of our market position and the success of our strategy to transform those markets through technology.”

A complete chart of the financial results is available here.

Investor Conference Call / Webcast Details

Trimble will hold a conference call on August 1 at 2:00PM PT to review its second quarter 2018 results. An accompanying slide presentation will be made available on the “Investors” section of the Trimble website, www.trimble.com, under the subheading “Events & Presentations.” The call will be broadcast live on the Web at http://investor.trimble.com. Investors without Internet access may dial into the call at (800) 528-9198 (US) or (702) 928-6633 (international). The passcode is 6698397. The replay will also be available on the web at the address above.

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 industries such as agriculture, construction, geospatial and transportation and logistics.

For more information about Trimble, visit www.trimble.com.

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