SUNNYVALE, CA, Feb 7, 2019 – Trimble Inc. announced fourth quarter and fiscal year 2018 financial results. Fourth quarter 2018 revenue was $785.5 million and GAAP net income was $86.5 million.
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)
“Our robust quarterly results closed a record year for Trimble. Revenue growth was aided by the strong performance of recent acquisitions, which are outperforming expectations,” said Steven W. Berglund, Trimble’s president and chief executive officer. “Operating margins reflected notable expansion, driven by high operating leverage. Despite the potential effects of trade conflicts and some regional concerns, we remain confident about the potential for 2019 and beyond.”
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.
