Welcome to our dedicated page for Trimble news (Ticker: TRMB), a resource for investors and traders seeking the latest updates and insights on Trimble stock.
Trimble Inc (TRMB) delivers innovative technology solutions that bridge physical operations with digital workflows across construction, agriculture, transportation, and geospatial industries. This dedicated news hub provides investors and professionals with centralized access to the company’s latest developments.
Track official press releases, earnings reports, and strategic announcements alongside analysis of Trimble’s advancements in positioning systems, cloud-based analytics, and sustainable infrastructure solutions. Our curated collection includes updates on:
• Quarterly financial results and investor communications
• Product launches across connected construction and precision agriculture
• Strategic partnerships enhancing digital transformation capabilities
• Sustainability initiatives driving operational efficiency
Bookmark this page for reliable updates on Trimble’s role in shaping industries through reality capture technology, telematics, and AI-enhanced workflow solutions. Visit regularly to stay informed about TRMB’s market-moving developments and long-term growth strategy.
Trimble (NASDAQ: TRMB) donated to the Illinois Institute of Technology to establish a Technology Lab aimed at enhancing the Construction Engineering and Management Program. This initiative will bolster the university's capabilities in civil and environmental infrastructure and provide students with hands-on experience using Trimble's advanced solutions like the XR10 HoloLens, 3D laser scanners, and various software applications. The collaboration aims to integrate leading technology into education, preparing graduates for impactful careers in engineering and construction.
Trimble has donated to the University of São Paulo to establish a Trimble Technology Lab focused on civil engineering, surveying, and construction. This lab aims to enhance training and research in 3D building design and Building Information Modeling (BIM), providing students hands-on experience with advanced Trimble solutions. The collaboration underscores Trimble's commitment to supporting educational initiatives that prepare future leaders in the construction industry while integrating technology into the curriculum.
Trimble (NASDAQ: TRMB) has made a significant donation to the University of Colorado, Denver, establishing a Technology Lab for the College of Engineering, Design and Computing. This initiative aims to enhance educational opportunities across various programs, including Construction Engineering and Management, Geography, and Physics. The lab will provide students access to advanced technologies and equip them with essential skills in project management, design, and GIS. Trimble's partnership supports the integration of industry-leading technology into university curricula.
Trimble Inc. (NASDAQ: TRMB) reported its third-quarter financial results for 2020, showcasing a GAAP revenue of $792.1 million, reflecting a 1% increase year over year. Non-GAAP revenue also rose by 1%, totaling $792.8 million. The company achieved an annualized recurring revenue (ARR) of $1.26 billion, marking a 10% growth. GAAP operating income stood at $102.0 million, while non-GAAP operating income reached $191.8 million. The net income was $84.7 million on a GAAP basis and $152.8 million non-GAAP. Trimble’s adjusted EBITDA equaled $212.5 million, or 26.8% of revenue.
Trimble (NASDAQ: TRMB) announced that Avison Young has implemented its ManhattanONE FlexiDesk and Mobile Booking modules to facilitate a safe return to the office in the UK. The software will enhance control over desk usage with features like QR code check-ins and contact tracing, essential for employee wellbeing. Despite current distancing guidelines limiting occupancy to approximately 25%, the system will help manage workspace allocation effectively. This partnership aims to support employee safety and operational continuity during the phased reopening of Avison Young's 17 UK offices.
Trimble (NASDAQ: TRMB) announces a conference call on November 4, 2020, at 2 p.m. PT, to discuss its third quarter 2020 results. The call will be available via live web broadcast, and investors can join by dialing 800-528-9198 (U.S.) or 702-928-6633 (international) using the passcode 9772188. Trimble focuses on connecting the physical and digital worlds, delivering innovations in positioning, modeling, connectivity, and data analytics across various sectors, including agriculture, construction, and transportation.
Trimble and Boston Dynamics announced a strategic alliance to integrate construction data collection technologies with Boston Dynamics' Spot robot platform. The collaboration aims to automate tasks like site scans and surveying, leveraging Spot's mobility and Trimble's data collection tools. Trimble gains exclusivity in selling the integrated solutions to the construction sector. This alliance targets enhanced efficiency and safety in construction through improved real-time project monitoring. The solution is expected to be available by Q2 2021, with early access for select customers.
