Trimble Reports First Quarter 2019 Results
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Trimble (TRMB) Misses Q1 EPS by 1c, Revenues Miss; Affirms Q2 EPS Mid-Point Above Consensus, Q2 Revenue Mid-Point Above Consensus
May 1, 2019 4:09 PM EDTTrimble (NASDAQ: TRMB) reported Q1 EPS of $0.45, $0.01 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $804.5 million versus the consensus estimate of $806.87 million.
First Quarter 2019 Financial Summary
First quarter 2019 GAAP revenue of $801.6 million was up 8 percent as compared to the first quarter of 2018. First quarter 2019 non-GAAP revenue of $804.5 million was up 8 percent as compared to the first quarter of 2018.Buildings and Infrastructure revenue was $294.7 million, up 30 percent. Geospatial revenue was $161.2 million, down 8 percent. Resources and Utilities revenue was $159.5 million, flat on a year-over-year basis.... More