Trimble , a manufacturer of global positioning system components, recently posted a net profit, reversing a year-ago loss, as it cut restructuring and other costs.

The company posted net earnings of $4.3 million, or 15 cents per share, compared with a loss of $2 million, or 8 cents per share a year ago.

Adjusted earnings, which include foreign exchange losses but exclude acquisition-related and restructuring charges, was $6.8 million, or 24 cents per share, compared with $6.6 million, or 26 cents per share, a year ago as the number of shares outstanding rose. Analysts’ earnings estimates ranged from 24 cents to 28 cents per share, with a mean of 25 cents per share, according to research firm Thomson First Call.

Second-quarter revenues fell to $123.3 million from $133.6 million. Trimble said it will restructure its engineering and construction segment to better align it with the changing needs of the business, leaving land survey and machine control as one business area, while construction instruments will operate as a separate business area.

Trimble said it expects third-quarter revenues of $114 million to $117 million and adjusted EPS of about 15 to 20 cents. Analysts’ estimates range from 16 cents to 22 cents with a mean of 18 cents per share.