Trimble Reports First Quarter 2021 Results and Increases Full Year Guidance
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Trimble (TRMB) Tops Q1 EPS by 11c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensus, FY21 EPS Mid-Point Views Above Consensus
May 5, 2021 4:28 PM EDTTrimble (NASDAQ: TRMB) reported Q1 EPS of $0.66, $0.11 better than the analyst estimate of $0.55. Revenue for the quarter came in at $886.5 million versus the consensus estimate of $825.86 million.
First Quarter 2021 Financial Highlights
GAAP revenue of $886.5 million, up 12 percent year over year, and non-GAAP revenue of $886.7 million, up 12 percent year over yearAnnualized recurring revenue (ARR) was $1.32 billion, up 9 percent year over yearGAAP operating... More