Trimble (TRMB) Tops Q1 EPS by 6c; Offers FY22 Guidance

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Trimble Announces Record First Quarter 2022 Results

May 5, 2022 6:55 AM EDT

Record first quarter total revenue of $994 million, up 12 percentAnnualized recurring revenue of $1.47 billion, up 12 percent and 14 percent on an organic basis

SUNNYVALE, Calif., May 5, 2022 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the first quarter of 2022.

First Quarter 2022 Financial Highlights

Revenue of $993.7 million, up 12 percent year over yearAnnualized recurring revenue (ARR) was $1.47 billion, up 12 percent year over yearGAAP operating income was... More