Trimble Navigation (TRMB) shares are soaring 5.04% in intraday trading following the company's impressive first-quarter earnings report that surpassed analyst expectations. The GPS navigation maker demonstrated resilience in the face of economic uncertainties, showcasing the robust demand for its products and services.

Trimble reported Q1 revenue of $840.6 million, beating the analyst consensus estimate of $810.9 million. The company's adjusted earnings per share came in at $0.61, outperforming the expected $0.58. Despite a 12% year-over-year decline in revenue, Trimble's performance indicates strong organic growth and expanding profit margins.

CEO Rob Painter expressed confidence in the company's outlook, stating, "With current market uncertainties in mind, we are maintaining our full year 2025 guidance." This decision to uphold the guidance, coupled with the strong Q1 results, has bolstered investor confidence. The sustained demand for Trimble's navigation, mapping, and geospatial services across various industries, including agriculture, architecture, and transportation, continues to drive the company's performance despite the volatile economic environment.