Trimble Earnings Surpass Estimates in Q1, Revenues Decline Y/Y

Trimble (TRMB) has reported first-quarter 2025 non-GAAP earnings of 61 cents per share, surpassing the Zacks Consensus Estimate by 3.39%. The metric decreased 4.7% year over year.Revenues of $840.6 million beat the Zacks Consensus Estimate by 4.11% but declined 11.8% year over year (2% up on an organic basis).Product revenues (32.3% of total revenues) were$ 271.6 million, down 26% year over year. Subscription and services revenues (67.7% of total revenues) also decreased 2.9% year over year to $569 million. ...