May 07, 2025 / 12:00PM GMT
Operator
Hello, and welcome to Trimble first quarter 2025 financial results conference call. (Operator Instructions) As a reminder, this call is being recorded. I would now like to turn the call over to Rob Painter, President and CEO. Rob, you may begin.
Robert Painter - Trimble Inc - President, Chief Executive Officer, Director
Welcome, everyone. Before I get started, our presentation and Safe Harbor statements are available on our website. Our financial review will focus on year-over-year non-GAAP performance metrics on an organic basis. In addition, we will focus on adjusted numbers that we believe more accurately portray the underlying performance of our business. This means we will exclude divested agriculture and mobility businesses.
We also adjust for the approximately $50 million of January 1 term license revenue that was recognized in the first quarter of 2024 but not in the first quarter of 2025 because January 1, 2025, fell into the fiscal fourth quarter of 2024.
We exited 2024 on a strong footing, strategically, operationally, and
Q1 2025 Trimble Inc Earnings Call Transcript
May 07, 2025
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