Industry-standard 3D software reaches new growth milestoneLAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today announced that its SketchUp® 3D modeling software surpassed one million active subscribers. The growth is supported by SketchUp's transition to a subscription business model, the continuous introduction of innovative product features, and Trimble's customer-centric focus on delivering value to the architecture, engineering and construction (AEC) industry. The announcement was made ...

Trimble App Xchange and Trimble Marketplace make it easier for contractors and software developers to build new integrations as well as find existing integrations that automatically connect applications and dataLAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today announced enhancements to Trimble App Xchange and launched Trimble Marketplace to expand connections between applications and data across construction workflows. With App Xchange, software developers can build integrations that ca ...

Trimble (TRMB) delivered non-GAAP earnings of 70 cents per share in the third quarter of 2024, surpassing the Zacks Consensus Estimate by 12.9%. The reported figure increased 2.9% year over year.Revenues of $875.8 million beat the Zacks Consensus Estimate by 1.1% but declined 8.5% year over year (3% up on an organic basis).Product revenues (35.1% of total revenues) were $307.6 million, down 30.7% year over year. Subscription and services revenues (64.9% of total revenues) increased 10.7% year over year to $ ...

New donation provides quickly deployable and reliable access to survey-grade precision for hundreds of field workers to work safer and faster while clearing land of extremely dangerous remnants of warWESTMINSTER, Colo., Nov. 7, 2024 /PRNewswire/ -- Trimble (Nasdaq: TRMB) has announced its expanded support for The HALO Trust, the world's largest humanitarian landmine-clearance non-profit organization. Trimble is donating an additional 175 Trimble® Catalyst™ GNSS systems, including Trimble DA2 GNSS receivers, ...

Extends Trimble's all-in-one solution for survey and machine guidance to any compact track loader bucketWESTMINSTER, Colo., Nov. 7, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today the availability of its Trimble Siteworks Machine Guidance Module for compact track loaders. Siteworks Machine Guidance extends the capabilities of Trimble Siteworks Software from surveying and layout to support on-machine guidance and operator assistance, now on compact track loader buckets. This marks the first new ...

Trimble Inc. (NASDAQ:TRMB) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Rob Painter - President & Chief Executive Officer Phil Sawarynski - Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer Jerry Revich - Goldman Sachs Rob Wertheimer - Melius Research Jerry Revich - Goldman Sachs Jason Celino - KeyBanc Capital Markets Tami Zakaria - JPMorgan Clarke Jeffries - Piper Sandler Chad Dillard - Bernstein Arsenije Matovic - Wolfe Research Operator T ...

Trimble Navigation (TRMB) reported $875.8 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.5%. EPS of $0.70 for the same period compares to $0.68 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $866.3 million, representing a surprise of +1.10%. The company delivered an EPS surprise of +12.90%, with the consensus EPS estimate being $0.62.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...

Financial Performance - Trimble Navigation reported quarterly earnings of $0.70 per share, exceeding the Zacks Consensus Estimate of $0.62 per share, and showing an increase from $0.68 per share a year ago, resulting in an earnings surprise of 12.90% [1] - The company achieved revenues of $875.8 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.10%, although this represents a decline from year-ago revenues of $957.3 million [2] Stock Performance - Trimble shares have increased approximately 15.8% since the beginning of the year, while the S&P 500 has gained 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.87 on revenues of $943.87 million, and for the current fiscal year, it is $2.75 on revenues of $3.64 billion [7] Industry Outlook - The Manufacturing - General Industrial industry, to which Trimble belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Trimble's stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Exhibit 99.1 Trimble Announces Third Quarter 2024 Results • Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy • Record gross margin, demonstrating continued business transformation and favorable mix shift • Continued simplification and focusing of business via recently announced Mobility divestiture • Raising full year guidance WESTMINSTER, Colo., Nov 6, 2024 - Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2024. Third Q ...

Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy Record gross margin, demonstrating continued business transformation and favorable mix shift Continued simplification and focusing of business via recently announced Mobility divestiture Raising full year guidanceWESTMINSTER, Colo., Nov. 6, 2024 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2024.Third Quarter 2024 Financial Highlights Revenue of $875.8 m ...