Trimble (TRMB) Tops Q1 EPS by 5c; Guides

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Trimble Announces First Quarter 2023 Results

May 3, 2023 6:55 AM EDT

Record annualized recurring revenue of $1.65 billion, up 13 percent on an organic basisFirst quarter total revenue of $915 million, down 8 percent on a year-over-year basis, down 3 percent year-over-year on an organic basisRecord GAAP gross margin of 61.3 percent and record non-GAAP gross margin of 64.2 percent

WESTMINSTER, Colo., May 3, 2023 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced... More