Trimble Navigation Limited (TRMB) reported that its fourth-quarter net income attributable to the company was $9.55 million or $0.08 per share, compared to $13.74 million or $0.11 per share in the same quarter last year.
Non-GAAP net income attributable to the company was $25.25 million or $0.21 per share, compared to $28.96 million or $0.24 per share in the year ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.21 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter were $277.53 million, compared to $268.08 million in the prior year quarter. Twelve analysts had consensus revenue estimate of $268.64 million for the quarter.
For the first quarter of 2010, Trimble expects revenue between $308 million and $313 million, with GAAP earnings per share of $0.19 to $0.21 and non-GAAP earnings per share of $0.30 to $0.32. Analysts expect the company to report earnings of $0.33 per share on revenues of $308.14 million for the first-quarter.
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