07:36 AM EDT, 05/03/2024 (MT Newswires) -- Trimble (TRMB) reported Q1 non-GAAP earnings Friday of $0.64 per diluted share, down from $0.72 a year earlier.

Analysts polled by Capital IQ expected $0.62.

Revenue for the quarter ended March 31 was $953.3 million compared with $915.4 million a year earlier.

Analysts polled by Capital IQ expected $912.5 million.

For Q2, the company said it expects $0.56 to $0.60 in non-GAAP EPS and $845 million to $875 million in revenue. Analysts polled by Capital IQ expect $0.61 in adjusted EPS on revenue of $881 million.

For the full year, Trimble said it expects $2.60 to $2.80 in non-GAAP EPS and $3.57 billion to $3.67 billion in revenue. Analysts polled by Capital IQ expect $2.73 in adjusted EPS and $3.61 in revenue.

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