Trimble has reported a 12% improved result for Q1 2021 with revenue of US$886.5 milllion.
“Our first quarter results exceeded expectations,” said Rob Painter, Trimble’s president and chief executive officer. “Growth in total revenue, annualised recurring revenue, and EBITDA reflect increasing end-market strength and execution of our Connect and Scale 2025 strategy.”
For the full year 2021, Trimble now expects to report revenue between US$3,399.7 million and US$3,499.7 million.