Trimble Q2 Non-GAAP Net Income, Revenue Rise; Full-Year Guidance Increased

MT Newswires Live08-06

Trimble (TRMB) reported Q2 non-GAAP net income Wednesday of $0.71 per diluted share, up from $0.62 a year earlier.

Analysts polled by FactSet expected $0.63.

Revenue for the quarter was $875.7 million, up from $870.8 million a year earlier.

Analysts surveyed by FactSet expected $835.1 million.

The company said it expects Q3 non-GAAP EPS of $0.67 to $0.75 on revenue of $850 million to $890 million. Analysts are looking for $0.71 and $839.6 million, respectively.

Trimble said it now expects 2025 adjusted EPS of $2.90 to $3.06 on revenue of $3.48 billion and $3.56 billion. It previously projected adjusted EPS at $2.76 to $2.98 on revenue of $3.37 billion and $3.47 billion.

Analysts are looking for $2.89 and $3.43 billion, respectively.

The company's shares were up 5.2% in recent premarket activity.

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