Trimble Reports Second Quarter 2020 Results
Trimble Inc. (TRMB)
Last trimble inc. earnings: 2/12 04:05 pm
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US:NASDAQ Investor Relations:
investor.trimble.com
Company Research
Source: PR Newswire
SUNNYVALE, Calif., Aug. 5, 2020 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the second quarter of 2020.Second Quarter 2020 Financial SummarySecond quarter 2020 GAAP revenue of $733.6 million was down 14 percent as compared to the second quarter of 2019. Second quarter 2020 non-GAAP revenue of $735.2 million was down 14 percent as compared to the second quarter of 2019.Annualized recurring revenue (ARR) for the second quarter was $1.21 billion, up 6 percent as compared to the second quarter of 2019. Effective this quarter, we are including the annualized value of term licenses in the calculation of ARR for the current and comparable periods.Buildings and Infrastructure revenue was $295.3 million, down 13 percent. Geospatial revenue was $145.2 million, down 12 percent. Resources and Utilities revenue was $143.8 million, down 6 percent. Transportation revenue was $150.9 million, down 24 percent.GAAP operating income was $97.6 million, down 11 percent
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News
- Trimble Acquires Flashtract, Adding Construction Payment and Subcontractor Compliance Technology to Minimize Risk and Improve Efficiency for ContractorsPR Newswire
- Trimble Announces 2024 B2W Customer Innovation Award WinnersPR Newswire
- Trimble (TRMB) Q1 Earnings Beat Estimates, Revenues Up Y/Y [Yahoo! Finance]Yahoo! Finance
- Trimble Inc. (NASDAQ: TRMB) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $73.00 price target on the stock.MarketBeat
- Trimble Inc. (NASDAQ: TRMB) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $72.00 price target on the stock.MarketBeat
TRMB
Earnings
- 5/3/24 - Beat
TRMB
Sec Filings
- 5/8/24 - Form NT
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form 8-K
- TRMB's page on the SEC website