SUNNYVALE, CA, Aug 3, 2017 – Trimble Inc. announced financial results for the second quarter of 2017. Second quarter 2017 revenue of $661.9 million was up 7.8% as compared to the first quarter of 2017.
Net profit for second quarter 2017 was $49.9 million.
“The second quarter revenue and income exceeded our expectations with improved performance across the company,” said Steven W. Berglund, Trimble’s president and chief executive officer. “The performance validates our expectations of a further step-up in revenue growth during the second half of the year, driven by both organic growth and a contribution from new acquisitions.”
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.