Trimble reports 15 percent increase in second quarter 2008 revenue

Trimble has announced that their revenues are up $50.1 million, or 15 percent, in the second quarter of 2008 from the same quarter in 2007. Operating income during the second quarter of 2008 was also up 12 percent from $56 million in 2007 to $62.9 million in 2008. Operating margins were down slightly for Trimble in the second quarter of 2008 to 16.7 percent from the 2007 mark of 17.1 percent. Net income for the company was up 39 percent in the second quarter of 2008 to $48.6 million, a $13.6 million gain from the same quarter in 2007.