Trimble Q1 Report: Revenue Up 20 Percent
Trimble announced Thursday (April 28, 2011) that its first-quarter 2011 revenue was up 20 percent at $384.3 million as compared to the first quarter of 2010.
Operating income grew 21 percent to $43.7 million compared to the year-earlier period. Operating margin in the first quarter of 2011 was 11.4 percent, approximately flat compared to the first quarter of 2010.
First quarter 2011 non-GAAP operating income of $70.1 million was up 23 percent; the non-GAAP operating margin was 18.2 percent.
By Inside GNSS