Trimble Q4 2022 Earnings Report
Key Takeaways
Trimble's Q4 2022 revenue was $856.5 million, down 8 percent year-over-year, but flat on an organic basis. Diluted earnings per share were $0.34 on a GAAP basis, and $0.60 on a non-GAAP basis. The company's annualized recurring revenue (ARR) was $1.60 billion, up 14 percent year-over-year, and up 16 percent on an organic basis.
Record annualized recurring revenue of $1.60 billion, up 16 percent on an organic basis
Full year total revenue of $3.68 billion, flat on a year-over-year basis, and up 7 percent year-over-year on an organic basis
GAAP operating income was $96.7 million and non-GAAP operating income was $187.8 million
Diluted earnings per share was $0.34 on a GAAP basis, and $0.60 on a non-GAAP basis
Trimble
Trimble
Trimble Revenue by Segment
Forward Guidance
For the full year 2023, Trimble expects to report revenue between $3,700 million and $3,800 million and GAAP earnings per share of $1.59 to $1.79, and non-GAAP earnings per share of $2.66 to $2.86.
Revenue & Expenses
Visualization of income flow from segment revenue to net income