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Trimble reports mixed Q1 earnings; initiates Q2 and updates FY23 outlook

May 03, 2023 7:00 AM ETTrimble Inc. (TRMB)By: Meghavi Singh, SA News Editor
  • Trimble press release (NASDAQ:TRMB): Q1 Non-GAAP EPS of $0.72 beats by $0.05.
  • Revenue of $915M (-7.9% Y/Y) misses by $14.69M.
  • Adjusted EBITDA of $248.8 million, 27.2 percent of revenue.
  • Annualized recurring revenue was $1.65 billion, up 12 percent year-over-year, up 13 percent on

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