Trimble’s First Quarter Results

May 7, 2009 04:31 AM
 

Trimble's first quarter revenue is reported down approximately 19% compared to revenue of $355.3 million in the first quarter of 2008.

Operating income for the first quarter of 2009 was $24.3 million, down approximately 58% from the first quarter of 2008. Operating margin in the first quarter of 2009 was 8.4 percent, compared to an operating margin of 16.3 percent in the first quarter of 2008.

First quarter 2009 net income was $17.5 million, down 56%compared to the first quarter of 2008.

First quarter 2009 engineering and construction (E&C) revenue was $127.7 million, down approximately 34% when compared to the first quarter of 2008. The decline in demand continued to primarily be driven by recessionary conditions in the U.S. and Europe.

Field Solutions revenue was $99.2 million, up 13% when compared to the first quarter of 2008. Growth was driven by sales of agriculture products and acquisitions.

First quarter 2009 Mobile Solutions revenue was $38.3 million, down approximately 13% when compared to the first quarter of 2008. The year over year decline in revenue was primarily attributable to the fact that the first quarter of 2008 benefitted from the completion of deliverables for two large contracts.

Advanced Devices revenue was $23.9 million, down approximately 18% when compared to the first quarter of 2008. The decline in first quarter revenue was due to slower sales of components which are sold to OEMs.

For More Information: Trimble

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close