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Mar 31, 2022
Trimble Q1 2022 Earnings Report
Reported record results driven by growth and commitment to innovation and sustainability.
Key Takeaways
Trimble announced record first-quarter results with a total revenue of $994 million, up 12 percent year over year. Annualized recurring revenue (ARR) was $1.47 billion, also up 12 percent year over year. The company's GAAP operating income was $156.9 million, and GAAP net income was $110.3 million, with diluted earnings per share at $0.44.
Record first quarter total revenue of $994 million, up 12 percent.
Annualized recurring revenue of $1.47 billion, up 12 percent.
GAAP operating income was $156.9 million.
GAAP net income was $110.3 million.
Trimble
Trimble
Forward Guidance
For the full-year 2022, Trimble expects to report revenue between $3,800 million and $3,880 million and non-GAAP earnings per share between $2.71 and $2.86.