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Trimble Inc - TRMB STOCK NEWS

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.

Overview of Trimble Inc

Trimble Inc (TRMB) is a global technology solutions provider that seamlessly connects the physical and digital worlds through advanced positioning, modeling, connectivity and data analytics. With a broad portfolio covering hardware, software and services, Trimble delivers integrated solutions that drive enhanced productivity, quality, safety, transparency and sustainability for professionals across multiple industries.

Core Business Areas

At its core, Trimble transforms workflows by providing purpose-built products and enterprise lifecycle solutions that serve diverse sectors such as construction, geospatial, agriculture, transportation and logistics. The company’s reportable segments include Buildings and Infrastructure—which caters to architects, engineers and construction professionals—Geospatial, Resources and Utilities, and Transportation. Each business unit is designed to optimize operational efficiency by leveraging cutting-edge technologies and sophisticated data analytics.

Innovative Technologies and Solutions

Trimble has established a reputation for integrating digital innovations with traditional industry practices. Its solutions include:

  • Positioning and Modeling: Tools that accurately map and model real-world environments.
  • Connectivity and Data Analytics: Platforms that enable real-time insights, secure data exchanges and collaborative workflows across job sites and offices.
  • Reality Capture: Advanced systems using 3D laser scanning, mobile mapping and aerial vehicles to digitize physical assets for improved project management.
  • Fleet Management and Telematics: Solutions that enhance vehicle tracking, navigation and fleet efficiency through integrated in-cab technology.

Market Position and Competitive Landscape

Serving customers in over 140 countries, Trimble’s global network of dealers and distribution partners ensures its advanced solutions are accessible worldwide. Its ability to integrate complex systems—from construction workflow management to advanced analytics—positions Trimble as a significant player among peers in digital transformation. Trimble’s strategy emphasizes empowering professionals with interoperable solutions that integrate seamlessly with a range of third-party systems and proprietary software, ensuring that every link in the workflow is optimized for maximum return on investment and operational efficiency.

Operational Excellence and Industry Expertise

With deep industry expertise, Trimble supports a variety of client segments through its connected ecosystem, where cloud-based platforms and analytical tools foster enhanced decision-making. This ecosystem includes elements like integrated project management software for construction, mobile solutions for field workforce connectivity and advanced AI-driven capabilities that streamline data capture and analysis. The company is known for its commitment to maintaining data integrity and securing collaboration platforms, making its solutions robust and reliable.

Enhanced Collaboration and Digital Transformation

Trimble’s offerings are not merely about technology adoption; they focus on transforming traditional workflows into highly efficient, interconnected processes that span from design to on-site execution and post-construction management. This digital transformation is evident in solutions like the cloud-based common data environment, which facilitates the secure sharing and processing of massive datasets, as well as innovative initiatives that incorporate artificial intelligence to automate repetitive tasks and enhance the creative process in design and construction.

Broader Industry Impact

Beyond the core segments, Trimble’s diverse range of digital tools supports industries with critical operational challenges. Whether it is through enhancing visibility in freight transportation markets or enabling real-time data accessibility on the job site, Trimble’s technology is fundamental to modernizing industries. By connecting physical assets with digital environments, Trimble leads its customers towards higher efficiency, better safety standards and improved project outcomes.

This comprehensive approach, underpinned by decades of expertise and continuous technological innovation, positions Trimble Inc as a respected and trusted provider in the global marketplace, making it a cornerstone for professionals seeking to optimize their operational workflows without compromising on quality or safety.

Rhea-AI Summary
Trimble (NASDAQ: TRMB) will hold a conference call on May 3, 2024, to review its first quarter 2024 results. Investors can join the call live on the web or via phone.
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Holmen, a major Swedish forestry company, selects Trimble's CONNECTED FOREST system for comprehensive forest management. The move aligns with Holmen's goal to become more data-driven in its operations, marking a significant shift in its approach to work.
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MODE Global partners with Transporeon, a Trimble Company, to enhance freight procurement through automation. The collaboration aims to optimize spot and dedicated freight tendering using Transporeon's Autonomous Procurement solution. This initiative addresses market challenges and rate volatility by leveraging machine learning and data analytics to streamline the procurement process.
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AGCO and Trimble form PTx Trimble JV to create a leading precision ag platform for farmers globally. AGCO acquires an 85% stake in the JV, expecting revenue growth and enhanced technology offerings.
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Trimble (NASDAQ: TRMB) announces Level 2 Certification for its cloud solutions by the Texas Department of Information Resources, meeting stringent data security standards for state agencies. The certified solutions include e-Builder Enterprise - Commercial and specific capabilities within AgileAssets, benefiting organizations managing infrastructure networks.
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Trimble (TRMB) introduces 2024 versions of Tekla software for BIM, structural engineering, and steel fabrication management, enhancing collaboration and communication. The new versions offer improved user experience, industry-standard communication enhancements, and integrated workflows for sustainable construction.
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Trimble (TRMB) launches the new version of its Roadworks Paving Control Platform for Mills and Cold Planers, enhancing precision and smoothness in paving surfaces. The platform allows operators to control cutting depth accurately, meet stringent project specifications, and minimize over-cutting for various projects like airport runways and highways. It features a 3D design display for operators, guiding the milling drum to achieve ideal depth and slope without manual adjustments. The software offers user-friendly interfaces, compatibility with Trimble WorksManager and Business Center software, and is available globally through SITECH distributors.
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Trimble Inc. (TRMB) announces record financial results for the fourth quarter and fiscal year 2023, with annualized recurring revenue of $1.98 billion, up 24%, and full-year revenue of $3.8 billion. The company achieved strong margins, operating income, and Adjusted EBITDA. Trimble provides forward-looking guidance for 2024.
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Trimble (NASDAQ: TRMB) is set to hold a conference call on February 12, 2024, to review its fourth quarter and full year 2023 results. The call will be broadcast live on the web, and investors without internet access may dial in. The conference ID is 1043223.
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Trimble Inc. announced the appointment of Kara Sprague and Ron Nersesian to its Board of Directors, effective February 5, 2024. The company also authorized a common stock repurchase of up to $800 million, replacing the existing authorization, and plans to host an investor day in the second half of 2024 to provide an update on the company's margin target.
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FAQ

What is the current stock price of Trimble (TRMB)?

The current stock price of Trimble (TRMB) is $56.51 as of April 4, 2025.

What is the market cap of Trimble (TRMB)?

The market cap of Trimble (TRMB) is approximately 14.1B.

What core industries does Trimble serve?

Trimble serves a wide range of industries including construction, geospatial, transportation, agriculture, and utilities, by providing technology solutions that connect physical and digital workflows.

How does Trimble generate its revenue?

Trimble generates revenue through a diverse portfolio encompassing hardware, software, and subscription-based services, addressing needs from enterprise lifecycle solutions to field asset management.

What is Trimble’s value proposition?

Trimble’s value lies in integrating precise positioning, advanced modeling, and real-time data analytics to improve productivity, safety, and sustainability across various industries.

How does Trimble support digital transformation?

Trimble leverages cloud-based platforms, AI-enhanced tools, and connectivity solutions to transform traditional workflows into efficient digital ecosystems, enabling better decision making and collaboration.

What are the major business segments of Trimble?

Trimble operates through key segments such as Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation, each designed to address specific market challenges.

How does Trimble's technology improve field operations?

By integrating cutting-edge reality capture, telematics, and mobile connectivity, Trimble’s solutions enable seamless data transfer from the job site to the office, enhancing operational efficiency and safety.

In what ways is Trimble leveraging AI in its solutions?

Trimble incorporates AI to automate data capture, enhance point cloud analysis, enable predictive analytics and streamline repetitive tasks, ultimately boosting workflow efficiency.

How does Trimble maintain a competitive edge in its market?

Trimble’s competitive advantage is rooted in its comprehensive, integrated ecosystem, global presence and continuous innovation, which together enhance customer ROI and operational excellence.
Trimble Inc

Nasdaq:TRMB

TRMB Rankings

TRMB Stock Data

14.13B
244.91M
0.35%
96.65%
1.2%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
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United States
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