Trimble's geospatial and resources and utilities segments were responsible for the bulk of its revenue loss. The company's geospatial segment reported revenue of $155.1 million, down 16% year-over-year. The resources and utilities segment posted revenue of $121.1 million, dropping a smaller 9% year-over-year.
The geospatial segment struggled last quarter as well. Company leaders attributed this to a year-over-year decline in original equipment manufacturer (OEM) sales.
The company's building and infrastructure and transportation segments fared better in the third quarter, but their gains were not as dramatic as the other segments' losses. Building and infrastructure posted revenue of $309.8 million, up 5% year-over-year. The transportation segment's revenue came in at $198.3 million, up 4% year-over-year.
Electronic logging device sales contributed to the company's transportation segment revenue.
For the fourth quarter of 2019, Trimble expects to report revenue between $770 million and $800 million and EPS of $0.46 to $0.50. For the fiscal year of 2019, Trimble expects to report revenue between $3.215 billion and $3.245 billion and EPS of $1.91 to $1.95.
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