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Trimble First Quarter 2017 Results Summary
Trimble First Quarter 2017 Results SummaryCertain statements made in this presentation and any subsequent Q&A period are forward -looking statements, within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the
Securities Litigation Reform Act of 1995. These statements include expectations for future financial market and economic cond itions,
the impact of acquisitions, the ability to deliver revenue, earnings per share and other financial projections. These forward -looking
statements are subject to change, and actual results may materially differ from those set forth in this presentation due to c ertain
risks and uncertainties. The Company’s results may be adversely affected if the Company is unable to market, manufacture and ship
new products, obtain new customers, or integrate new acquisitions. The Company’s results could be negatively impacted by
weakening in the macro economic environment, or foreign exchange fluctuations or the imposition of barriers to international trade.
Any failure to achieve predicted results could negatively impact the Company’s revenues, cash flow from operations, and other
financial results. The Company’s financial results will also depend on a number of other factors and risks detailed from time totime
in reports filed with the SEC, including its quarterly reports on Form 10 -Q and its annual report on Form 10 -K, such as changes in
economic conditions, further worsening in the geospatial market, critical part supply chain shortages, and possible write -offs of
goodwill. Undue reliance should not be placed on any forward -looking statement contained herein, especially in light of greater
uncertainty than normal in the economy in general. These statements reflect the Company’s position as of the date of this
presentation. The Company expressly disclaims any undertaking to release publicly any updates or revisions to any statements to
reflect any change in the Company’s expectations or any change of events, conditions, or circumstances on which any such
statement is based .
To help our investors understand our past financial performance and our future results, as well as our performance relative t o
competitors, we supplement the financial results that we provide in accordance with generally accepted accounting principles, or
GAAP, with non -GAAP financial measures. The specific non -GAAP measures, which we use along with a reconciliation to the nearest
comparable GAAP measures can be found on our website at http://investor.trimble.com . Forward -looking statements
▪CFO Review of Results
3First Quarter 2017 Overview
▪Accelerating revenue growth and continued operating margin expansion
▪International market growth outpaced North American growth
▪Operating margin expansion demonstrates benefits of cost reduction,
gross margin expansion and portfolio initiatives
▪Continue to see path for revenue growth and margin expansion
in Q2’17 and remainder of 2017
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