Trimble's (TRMB) shares have returned 6.2% year to date (YTD) compared with the Zacks Internet - Software industry's rise of 12.3% and the broader Zacks Computer & Technology sector's return of 19.9%. TRMB's shares have gained from strong performance in the buildings, infrastructure and transportation segments. The notable increase in Annual Recurring Revenue (ARR) has been a significant positive factor. In second-quarter 2024, recurring software services were 75% of revenues. Overall, recurring revenues we ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 15, 2024 Trimble Inc. (Exact name of registrant as specified in its charter) | --- | --- | --- | --- | |-------|-------|----------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 001-14845 | | | | | | | | | | (Commission | | | | | File Number ...

Partnership will Accelerate Global Expansion of Virtual Vehicle Trimble to Become a Shareholder in Platform Science's Expanded Business WESTMINSTER, Colo. and SAN DIEGO, Sept. 15, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) and Platform Science announced today they are partnering to transform the transportation industry through a definitive agreement for Platform Science to acquire Trimble's global transportation telematics business units. As part of this agreement, Trimble will become a shareholder in Plat ...

The Trimble Reality Capture platform service streamlines data management, visualization and collaboration WESTMINSTER, Colo., Sept. 10, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today its new Trimble® Reality Capture platform service to enable more effective collaboration and the secure sharing of massive reality capture datasets captured with 3D laser scanning, mobile mapping and uncrewed aerial vehicle (UAV) systems. The service is available as an extension to Trimble Connect®, a cloud-based c ...

It has been about a month since the last earnings report for Trimble Navigation (TRMB) . Shares have added about 9.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Trimble due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Trimble (TRMB) , a stock from the same indu ...

Winners were selected for their innovative use of Trimble technology to improve performance, safety and efficiency WESTMINSTER, Colo., Sept. 5, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) is proud to announce the winners of the 2024 Ovation Awards. The Ovation Awards recognize Trimble customers within its transportation & logistics segment for their innovative solutions to improve business performance, safety and efficiency. All products highlighted in this year's awards are software solutions provided by T ...

This stock is falling under the radar of many investors, creating a great buying opportunity for those willing to look into the details. Positioning and workflow technology company Trimble (TRMB 1.68%) has a bright future, but it's not the best-known or appreciated company. There are various reasons for this, but enterprising investors willing to dig deeper into the stock could generate exceptional returns. Here's what you need to know before buying in. Trimble isn't a consumer-facing business You may have ...

Hiroshi Watanabe/DigitalVision via Getty Images This is my first time covering Trimble (NASDAQ:TRMB), which is a technology company that specializes in providing solutions that connect the physical and digital worlds. Its most prominent industry exposures are in agriculture, construction, geospatial, and transportation, where it integrates hardware, software, and services for increased productivity, efficiency, and safety. In my opinion, TRMB stock is currently moderately undervalued, providing alpha potent ...

Trimble (TRMB) delivered non-GAAP earnings of 62 cents per share in second-quarter 2024, surpassing the Zacks Consensus Estimate by 8.77% but declining 3.1% on a year-over-year basis. Revenues of $870.8 million beat the Zacks Consensus Estimate by 1.16% but declined 12.4% year over year (1% up on an organic basis). Product revenues (contributed 36.8% to total revenues) totaled $320.4 million, down 34.7% on a year-over-year basis. Subscription and services revenues (63.2% of total revenues) increased 9.4% ye ...

Nearshoring, electrification and freight fraud among the current trends and challenges facing North American truckload transportation WESTMINSTER, Colo., Aug. 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) has released "The Road Ahead: Key Trends and Capabilities Shaping the North American Freight Transportation Market," a Transporeon report identifying key developments impacting the future of the truckload transportation sector in North America. Trimble (NASDAQ: TRMB) has released "The Road Ahead: Key Tren ...