Home News Business Trimble reports Third Quarter 2006 revenue growth of 25 percent

Trimble reports Third Quarter 2006 revenue growth of 25 percent

Sunnyvale, California, USA, 24 October 2006 – Trimble today announced results for its third quarter 2006, ended September 29, 2006. Revenue for the third quarter of 2006 was $234.9 million, up 25 percent from revenue of $188.5 million in the third quarter of 2005.

Operating income for the third quarter of 2006 was $36.3 million, up 10 percent from the third quarter of 2005. Net income for the third quarter of 2006 was $25.3 million, up 25 percent when compared to net income of $20.2 million in the third quarter of 2005.

Earnings per share for the third quarter of 2006 were $0.43, up approximately 23 percent compared to earnings per share of $0.35 in the third quarter of 2005. Earnings per share in the third quarter of 2006 were negatively impacted by approximately $0.03 due to the adoption of FAS 123R and by approximately $0.03 due to higher amortization of intangibles.

– About Trimble
Trimble is a leading innovator of Global Positioning System (GPS) technology. In addition to providing advanced GPS components, Trimble augments GPS with other positioning technologies as well as wireless communications and software to create complete customer solutions. Founded in 1978 and headquartered in Sunnyvale, California, Trimble has more than 2,400 employees in more than 18 countries worldwide.