When word first started trickling in that the U.S. and global economies were slowing, Trimble (TRMB) saw its stock begin to slide and shed almost 46% of its value since its high of $43/share in the fall of 2007. But on news of its Q1 numbers, the company hit a home run showing a 24% gain over Q1 last year. Diving into the press release shows that indeed its engineering and construction business has shown some weakness but still grew 11%. Its mobile and field divisions saw the most impressive gains with 47% and 73%, respectively, two of the sweet spots for geospatial technology. The best news was that it is not forecasting any change to its original 2008 outlook.