Trimble (TRMB) Tops Q1 EPS by 11c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensus, FY21 EPS Mid-Point Views Above Consensus

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Go back to Trimble (TRMB) Tops Q1 EPS by 11c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensus, FY21 EPS Mid-Point Views Above Consensus

Trimble Reports First Quarter 2021 Results and Increases Full Year Guidance

May 5, 2021 4:05 PM EDT

SUNNYVALE, Calif., May 5, 2021 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the first quarter of 2021.

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 year Annualized recurring revenue (ARR) was $1.32 billion, up 9 percent year over year GAAP operating income was $140.9 million and non-GAAP operating income was $209.2 million GAAP net income was $114.5 million and non-GAAP net income was $167.0 million Diluted earnings per... More