Trimble Reports Q4 EPS of $0.46 vs. $0.31

Trimble TRMB today announced fourth quarter and fiscal 2010 financial results. Fourth quarter 2010 revenue of $323.3 million was up 17 percent as compared to the fourth quarter of 2009. Fourth quarter 2010 net income was $36.6 million, up 283 percent as compared to the fourth quarter of 2009. Diluted earnings per share in the fourth quarter of 2010 were $0.29 as compared to diluted earnings per share of $0.08 in the fourth quarter of 2009. Non-GAAP net income of $57.1 million for the fourth quarter of 2010 was up 126 percent as compared to the fourth quarter of 2009. Diluted non-GAAP earnings per share in the fourth quarter of 2010 were $0.46 as compared to diluted non-GAAP earnings per share of $0.21 in the fourth quarter of 2009.