SUNNYVALE, CA, Feb 13, 2020 – Trimble Inc. announced fourth quarter and fiscal year 2019 financial results. Revenue for the fourth quarter of 2019 was $824M, compared to $783.9M for the third quarter of 2019. GAAP net income was $279.4M.
“Our quarterly results exceeded expectations and we closed the year with good performance,” said Rob Painter, Trimble’s president and chief executive officer. “Our strategy is more compelling than ever and cash flow and annualized recurring revenue reflected notable expansion.”
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 industries such as agriculture, construction, geospatial and transportation.
For more information about Trimble, visit www.trimble.com.