Trimble (TRMB) Misses Q4 EPS by 1c

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Trimble Announces Fourth Quarter and Full Year 2021 Results and Initiates 2022 Guidance

February 9, 2022 6:55 AM EST

SUNNYVALE, Calif., Feb. 9, 2022 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced fourth quarter and fiscal year 2021 financial results.

Fourth Quarter 2021 Financial Highlights

GAAP and non-GAAP revenue of $926.0 million, up 12 percent year over year Annualized recurring revenue (ARR) was $1.41 billion, up 9 percent year over year GAAP operating income was $127.8 million and non-GAAP operating income was $204.5 million GAAP net income was $115.3 million and non-GAAP net income was $157.8 million Diluted earnings per share was $0.45 on a GAAP basis, and $0.62 on a non-GAAP basis Adjusted EBITDA was... More