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Trimble First Quarter 2018 Results Summary
Trimble First Quarter 2018 Results SummaryCertain statements made inthis presentation and any subsequent Q&A period are forward -looking statements, within the meaning ofSection 21Eofthe
Securities Exchange Act of1934 ,asamended, and are made pursuant tothe safe harbor provisions ofthe Securities Litigation Reform Act of1995 .These
statements include expectations for future financial market and economic conditions, whether the positive trend infinancial results will continue into 2018 ,
the impact ofacquisitions, including e-Builder and Viewpoint, the ability todeliver revenue, earnings per share and other financial projections that Trimble
has guided for the second quarter of2018 ,including the expected tax rate, anticipated impact ofstock -based compensation expense, amortization of
intangibles related toprevious acquisitions, anticipated acquisition costs, restructuring charges, the anticipated number ofdiluted shares outstanding, and
the planned Viewpoint acquisition and the timing and financing thereof .These forward -looking statements are subject tochange, and actual results may
materially differ due tocertain risks and uncertainties .These factors include, for example, Trimble's expected tax rate isbased oncurrent tax law, including
current interpretations ofthe Tax Cuts and Jobs Act of2017 (”TCJA”), and current expected income and may beaffected byevolving interpretations ofTCJA ;
the jurisdictions inwhich profits are determined tobeearned and taxed ;changes inthe estimates ofcredits, benefits and deductions ;the resolution ofissues
arising from tax audits with various tax authorities, including payment ofinterest and penalties ;the ability torealize deferred tax assets ;the ability to
complete the Viewpoint acquisition onthe anticipated schedule, oratall;the ability toobtain long -term financing for the Viewpoint acquisition onfavorable
terms, oratall;and synergies between Viewpoint and Trimble and estimates ofthe purchase price accounting adjustments, including the impact ofASC 606
and the reduction ofdeferred revenue, may bematerially different from actual results .The company's results may beadversely affected ifthe company is
unable tomarket, manufacture and ship new products, obtain new customers, orintegrate new acquisitions, including e-Builder and Viewpoint .The
company's results would also be negatively impacted by adverse geopolitical developments, weakening inthe macro environment, foreign exchange
fluctuations, critical part supply chain shortages, orthe imposition ofbarriers tointernational trade .Any failure toachieve 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 onanumber ofother
factors and risks detailed from time totime inreports filed with the SEC, including itsquarterly reports onForm 10-Qand itsannual report onForm 10-K.
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