Trimble (TRMB) Tops Q3 EPS by 17c, Revenues Beat

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Trimble Reports Third Quarter 2020 Results

November 4, 2020 4:05 PM EST

SUNNYVALE, Calif., Nov. 4, 2020 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2020.

Third Quarter 2020 Financial Highlights

Trimble achieved GAAP revenue of $792.1 million, up 1 percent year over year, and non-GAAP revenue of $792.8 million, up 1 percent year over year Annualized recurring revenue (ARR) was $1.26 billion, up 10 percent year over year GAAP operating income was $102.0 million, and non-GAAP operating income was $191.8 million GAAP net income was $84.7 million and non-GAAP net income was $152.8 million Diluted earnings per... More