Articles
advertisement
Resources
Issue Archive
Event Calendar
Green Industry and Equipment Expo
Power-Gen International
Dec. 2-4
Orlando, FL
www.power-gen.com
World of Concrete
Feb. 3-6, 2009
Las Vegas Convention Center
Las Vegas, NV
www.worldofconcrete.com
The Rental Show
March 2-5, 2009
Georgia World Congress Center
Atlanta, GA
www.therentalshow.com
Trimble 3Q07 Revenue Grows 26 Percent
Sunnyvale, Calif.-based Trimble last week announced results for its third quarter 2007, ended Sept. 28. Revenue for the third quarter of 2007 was $296.0 million, up 26 percent from revenue of $234.9 million in the third quarter of 2006.
Operating income for the third quarter of 2007 was $43.8 million, up 21 percent from the third quarter of 2006. In year-over-year comparisons amortization of intangibles increased from $2.9 million in the third quarter of 2006 to $10.2 million in the third quarter of 2007.
Net income for the third quarter of 2007 was up approximately 8 percent, to $27.4 million, compared to net income of $25.3 million in the third quarter of 2006. Diluted earnings per share for the third quarter of 2007 were $0.22, flat with diluted earnings per share of $0.22 in the third quarter of 2006.
“Trimble's third-quarter performance fit our standard operating template of revenue growth, tight control of costs, and expanding operating margins,” said Steven Berglund, Trimble's president and CEO.
Third quarter 2007 Engineering and Construction revenue was $182.1 million, up approximately 12 percent when compared to revenue of $162.4 million in the third quarter of 2006. During the third quarter, E&C continued to experience some regional softness in U.S. sales and strong growth in international sales.
The construction business of Trimble is focused on developing technology and solutions for earthmoving, site preparation, and general, interior and underground construction contractors. Its headquarters are in Sunnyvale, Calif.
blog comments powered by Disqus
Want to use this article? Click here for options!
© 2008 Penton Media Inc.
most recent story
popular articles
advertisement
Popular Articles
- United Rentals 3Q Revenue Drops 12 Percent
- Industrial Base Helps H&E Equipment Services Hold Steady in Q3
- HERC Announces Rental Rate Hikes
- Telematics: A 2008 Rental Odyssey
- Taking the long view
Stock Block
Buyers Guide
Buyers Guide
The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.
Learn More
Rental Rate Guide
Rental Rate Guide 2008
Want to know how much equipment is renting for these days? Find out in RER’s original 2008 Rental Equipment Rate Guide.
Learn More



