Trimble (TRMB) Q1 Earnings Beat Estimates, Revenues Up Y/Y
TRMBTrimble(TRMB) Zacks Investment Research·2024-05-07 02:51

Trimble (TRMB) delivered first-quarter 2024 non-GAAP earnings of 64 cents per share, which surpassed the Zacks Consensus Estimate by 8.47% but decreased 11.1% on a year-over-year basis.Revenues of $953.3 million beat the Zacks Consensus Estimate by 2.29% and increased 4.1% year over year.Product revenues (accounted for 38.5% of total revenues) totaled $367.1 million, down 15.5% on a year-over-year basis. Subscription and services revenues (61.5% of total revenues) increased 22% year over year to $586.2 mill ...