Trimble Q1 Profit Rises - Quick Facts

(RTTNews) - Trimble (TRMB) reported that its first-quarter net income attributable to company increased to $68.62 million or $0.26 per share, from $49.81 million or $0.19 per share, last year. Non-GAAP net income per share was $0.39, for the quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.42 for the quarter. Analysts' estimates typically exclude special items. Total revenues increased to $604.72 million, from $556.11 million. Analysts expected revenue of $618.18 million for the quarter. For the second quarter of 2014, Trimble expects revenue to be between $605 million and $630 million with GAAP earnings per share of $0.22 to $0.26 and non-GAAP earnings per share of $0.38 to $0.42. Analysts expect the company to report second-quarter earnings per share of $0.45 on revenue of $645.81 million.