Trimble Posts 14% Gain in Q3 Revenue

Nov. 9, 2021

Trimble posted revenue of $901.4 million in its third quarter, up 14 percent over the same period in 2020. Operating income was $147.5 million, and net income was $124.0 million.

“Trimble technology is transforming industries that support how we live, what we eat, how we move,” said Rob Painter, president/CEO, in a prepared statement. “Growth in total revenue, annualized recurring revenue, and adjusted EBITDA in the third quarter demonstrate the value of our ongoing commitment to innovation for our end markets as they continue to digitize.”

For full-year 2021, Trimble now expects to report revenue between $3.59 billion and $3.64 billion.

Source: Trimble