Trimble (TRMB) Tops Q2 EPS by 5c, Revenues Beat; Offers FY18 Outlook
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Trimble Reports Second Quarter 2018 Results
August 1, 2018 4:05 PM EDTSUNNYVALE, Calif., Aug. 1, 2018 /PRNewswire/ --Â Trimble Inc. (NASDAQ: TRMB) today announced financial results for the second quarter of 2018.
Second Quarter 2018 Financial Summary
Second quarter 2018 revenue of $785.5 million was up 19 percent as compared to the second quarter of 2017. Buildings and Infrastructure revenue was $274.3 million, up 24 percent. Geospatial revenue was $184.4 million, up 12 percent. Resources and Utilities revenue was $145.0 million, up 30 percent. Transportation revenue was $181.8 million, up 11 percent.
GAAP operating income was $89.5 million, up 52 percent as compared to the second quarter of 2017. GAAP operating margin was 11.4 percent of... More
