Trimble Reports Third Quarter 2018 Results
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Trimble (TRMB) Tops Q3 EPS by 3c, Revenues Miss; Offers FY18 Revenue Views Below Consensus, Offers FY18 EPS Outlook
November 1, 2018 4:11 PM EDTTrimble (NASDAQ: TRMB) reported Q3 EPS of $0.49, $0.03 better than the analyst estimate of $0.46. Revenue for the quarter came in at $804.7 million versus the consensus estimate of $806.7 million.
Third quarter 2018 GAAP revenue of $795.2 million was up 18 percent as compared to the third quarter of 2017. Third quarter 2018 non-GAAP revenue of $804.7 million was up 19 percent as compared to the third quarter of 2017.Buildings and Infrastructure revenue was $295.8 million, up 36 percent. Geospatial revenue was $185.4 million, up 9 percent. Resources and Utilities revenue was $133.2 million, up 13 percent. Transportation revenue was $190.3 million, up 11 percent. Segment revenues reflect the... More