Trimble Q2 Profit Decreases; Revenue Down 9% - Quick Facts

(RTTNews) - Trimble (TRMB) reported second quarter net income of $25.9 million, down 67 percent as compared to the second quarter of 2014. Earnings per share were $0.10 compared to $0.29. Non-GAAP earnings per share were $0.28, for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.28 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $585.8 million, down 9 percent as compared to the second quarter of 2014. Analysts expected revenue of $591.47 million for the quarter.

For the third quarter of 2015, Trimble expects revenue to be between $535 million and $560 million with GAAP earnings per share of $0.01 to $0.08 and non-GAAP earnings per share of $0.19 to $0.26. Analysts expect the company to report earnings per share of $0.34 on revenue of $607.72 million.