Trimble (TRMB) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, Q1 Revenue Mid-Point Guidance Below Consensus

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Trimble Announces Record 2019 Financial Results

February 12, 2020 4:05 PM EST

SUNNYVALE, Calif., Feb. 12, 2020 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced fourth quarter and fiscal year 2019 financial results.

Fourth Quarter 2019 Financial Summary

Fourth quarter 2019 GAAP revenue of $824.0 million was up 5 percent as compared to the fourth quarter of 2018. Fourth quarter 2019 non-GAAP revenue of $826.7 million was up 4 percent as compared to the fourth quarter of 2018. Fourth quarter 2019 was a 14-week quarter and fourth quarter 2018 was a 13-week quarter.

Buildings and Infrastructure revenue was $313.8 million, up 9 percent. Geospatial revenue was $168.7 million, down 6 percent. Resources and Utilities revenue was $138.1 million, up 6 percent.... More