Trimble (TRMB) Tops Q3 EPS by 3c, Revenues Miss; Offers FY18 Revenue Views Below Consensus, Offers FY18 EPS Outlook

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Trimble Reports Third Quarter 2018 Results

November 1, 2018 4:08 PM EDT

SUNNYVALE, Calif., Nov. 1, 2018 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2018.

Third Quarter 2018 Financial Summary

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 results of... More