Q1 2021 Trimble Inc Earnings Call Transcript
Thank you for standing by and welcome to Trimble First Quarter 2021 Earnings Call. (Operator Instructions) Thank you.
I would now like to hand the conference over to Rob Painter, President and Chief Executive Officer. You may begin.
Welcome, everyone. Before I get started, a quick reminder that our presentation is available on our website and we ask you to please refer to the safe harbor at the back. I'll begin on Page 2 with the key messages we want to convey today.
In the first quarter, we exceeded our expectations and delivered record ARR of $1.32 billion, up 9% year-over-year, total revenue growth of 12%, EBITDA of 26% and trailing 12-month operating cash flow of $745 million. Our results demonstrate the quality of our business model and an improving macroeconomic backdrop. They also highlight the strength of our Connect & Scale 2025 strategy. On the basis of this competitive strength and the nature of the opportunities we see in the market, we plan to scale up
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