Trimble Q3 2021 Earnings Report
Key Takeaways
Trimble reported a record third quarter with total revenue of $901 million, up 14 percent year over year. Annualized recurring revenue reached $1.36 billion, an 8 percent increase. The company also raised its full-year guidance.
Record third quarter total revenue of $901 million, up 14 percent.
Annualized recurring revenue of $1.36 billion, up 8 percent year over year.
GAAP operating income was $147.5 million.
Diluted earnings per share was $0.49 on a GAAP basis and $0.66 on a non-GAAP basis.
Trimble
Trimble
Trimble Revenue by Segment
Forward Guidance
For the full-year 2021, Trimble now expects to report GAAP revenue between $3,590 million and $3,640 million and GAAP earnings per share of $1.69 to $1.77, and non-GAAP revenue between $3,590 million and $3,640 million and non-GAAP earnings per share of $2.61 to $2.69.
Revenue & Expenses
Visualization of income flow from segment revenue to net income