Trimble (TRMB) Tops Q2 EPS by 3c

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Trimble Reports Second Quarter of 2017 Results

August 2, 2017 4:05 PM EDT

SUNNYVALE, Calif., Aug. 2, 2017 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the second quarter of 2017.

Second Quarter of 2017 Financial Summary

Second quarter 2017 revenue of $661.9 million was up 9 percent as compared to the second quarter of 2016. Buildings and Infrastructure revenue was $222.7 million, up 10 percent. Geospatial revenue was $165.3 million, up 1 percent. Resources and Utilities revenue was $111.0 million, up 12 percent. Transportation revenue was $162.9 million, up 13 percent.

GAAP operating income was $62.6 million, up 55 percent as compared to the second quarter of 2016. GAAP operating margin was 9.5... More