Trimble recorded record revenue of $204.2 million in the company’s 2005 second quarter, a 14 percent increase from revenue of $179.5 million in the same period a year ago, the company announced July 26.
The GPS-equipment manufacturer posted a profit of $23.8 million in the 2005 second quarter, which ended July 1, up from a profit of $20.5 million in the 2004 second quarter
The Engineering and Construction segment led the way with $141.1 million in revenue in the most recent quarter, up 20 percent from revenue of $117.2 million in the 2004 second quarter. Trimble Field Solutions recorded revenue of $32.2 million, up 4 percent compared from a year ago.
Revenue in the Component Technologies segment, which is responsible for in-vehicle navigation and timing products, dropped from $18.6 million in 2004 to $14.8 million in the 2005 second quarter. Revenue in the Trimble Mobile Solutions segment jumped 23 percent to $6.4 million, but the segment posted an operation loss of $1.9 million due to the write off of about $1.1 million in excess and obsolete inventory. Trimble expects the segment to reach profitability by the end of the year
