May 2021

Trimble reports Q1 2021 financial results
Trimble reported sales of US$886.5 million for Q1, 2021, up from US$792.3 million for Q1, 2020. GAAP operating income for Q1 2021 was US$140.9 million, up from US$98.3 million for Q1 2020. "Our first quarter results exceeded expectations," said Rob Painter, Trimble's president and chief executive officer. "Growth in total revenue, annualized recurring revenue, and EBITDA reflect increasing end-market strength and execution of our Connect and Scale 2025 strategy." said Rob Painter, Trimble's president and chief executive officer." [See Trimble media release] -- Posted Thursday, May 6, 2021 by chb

Zebra Technologies announces first-quarter results
Zebra Technologies announced results for the first quarter ended March 31, 2021. GAAP net sales were US$1,347 million in the first quarter of 2021 compared to US$1,052 million in the first quarter of 2020. Net income for the first quarter of 2021 was US$228 million, compared to net income of $89 million for the first quarter of 2020. "I'm proud of our teams’ exceptional first quarter performance as we continue to realize a strong recovery from the pandemic. We achieved record quarterly sales and earnings which exceeded our expectations, despite industry supply chain challenges,” said Anders Gustafsson, Chief Executive Officer of Zebra Technologies. The company enters Q2 with a strong order backlog. [See Zebra Zebra First-Quarter 2021 Results] -- Posted Tuesday, May 4, 2021 by chb