Trimble Reports First Quarter 2020 Results

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Go back to Trimble Reports First Quarter 2020 Results

Trimble (TRMB) Tops Q1 EPS by 8c, Revenues Beat

May 6, 2020 4:44 PM EDT

Trimble (NASDAQ: TRMB) reported Q1 EPS of $0.49, $0.08 better than the analyst estimate of $0.41. Revenue for the quarter came in at $792.3 million versus the consensus estimate of $779.6 million.

First Quarter 2020 Financial Summary

First quarter 2020 GAAP revenue of $792.3 million was down 1 percent as compared to the first quarter of 2019. First quarter 2020 non-GAAP revenue of $794.0 million was down 1 percent as compared to the first quarter of 2019.Buildings and Infrastructure revenue was $296.9 million, up 1 percent. Geospatial revenue was $146.2 million, down 9 percent. Resources and Utilities revenue was $180.3 million, up 13 percent. Transportation revenue was $170.6 million, down 10... More