Trimble Q3 Revenue Flat at $795M with $74M Profit

SUNNYVALE, CA, Nov 2, 2018 – Trimble Inc. announced financial results for the third quarter of 2018. Third quarter 2018 GAAP revenue of $795.2M and GAAP net income was $73.7M.

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)

“Third quarter revenue was consistent with expectations and income exceeded expectations, with software revenue and gross margin performance providing much of the momentum,” said Steven W. Berglund, Trimble’s president and chief executive officer. “Although trade, currency and geopolitical considerations have introduced incremental uncertainties, we anticipate continuing improvement in both revenue and profitability 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 industries such as agriculture, construction, geospatial and transportation and logistics.

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

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