Trimble (TRMB) Revenue — Quarter Ended Mar 29, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth continued an upward trend from the preceding quarter.
Key takeaway
Quarter ended Mar 29, 2024 · FY2024 Q1
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth continued an upward trend from the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$953.3M
Revenue reported for this quarter.
Quarter-over-quarter
+2.2%
Change from the immediately preceding quarter.
Year-over-year
+4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $993.6M | +5.6% |
| Sep 29, 2023 | $957.3M | +8.2% |
| Dec 29, 2023 | $932.4M | +8.9% |
| Mar 29, 2024 | $953.3M | +4.1% |
Revenue performance
The reported revenue reflects a higher level than the immediately preceding period. Compared with the same quarter a year earlier, revenue also rose.
Quarterly comparison
On a sequential basis, revenue improved from the prior quarter. On an annual basis, revenue was higher than the comparable quarter one year ago.
What to watch
The provided filing context includes forward-looking cautionary language and references to risk factors; no specific operational drivers were cited for the quarter’s revenue change.