Trimble’s transportation segment reports 9% revenue increase

Trimble Navigation Ltd. on Wednesday reported second-quarter revenue of $945 million, a 29% increase compared to the same period last year.

The company posted quarterly earnings of 72 cents per share on net income of $138.9 million. Trimble topped analysts’ estimates for the second quarter, which predicted earnings of 60 cents per share and revenue of $866 million. 

“We achieved record levels of revenue in many of our businesses with exceptionally strong performance in machine control and civil...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.