Trimble Q4 2019 Earnings Report
Key Takeaways
Trimble's Q4 2019 results exceeded expectations, with revenue up 5% compared to Q4 2018. The company's strategy is compelling, and cash flow and annualized recurring revenue reflected notable expansion.
GAAP revenue was $824.0 million, up 5% compared to Q4 2018.
Non-GAAP revenue was $826.7 million, up 4% compared to Q4 2018.
GAAP diluted earnings per share was $1.11, compared to $0.34 in Q4 2018.
Non-GAAP diluted earnings per share was $0.53, compared to $0.48 in Q4 2018.
Trimble
Trimble
Trimble Revenue by Segment
Forward Guidance
For the first quarter of 2020, Trimble expects to report GAAP revenue between $778 million and $808 million and GAAP earnings per share of $0.14 to $0.18, and non-GAAP revenue between $780 million and $810 million and non-GAAP earnings per share of $0.40 to $0.45.
Revenue & Expenses
Visualization of income flow from segment revenue to net income