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 announced the acquisition of Flashtract to enhance subcontractor management capabilities through Trimble Pay, a technology to streamline payment and compliance processes in the construction industry. The technology will be integrated with Trimble Viewpoint Vista ERP solution and showcased at the CFMA National Conference in May 2024.
Trimble announced the 2024 B2W Customer Innovation Award winners, including Bituminous Roadways, Gulf Operators, and Sherwood Companies, for achieving ROI and performance improvements using B2W Software. The awards recognize contractors for their use of individual B2W applications and the unified B2W platform, with benefits including operational efficiencies, streamlined data transfer, and enhanced data collection and reporting.
Trimble Inc. (NASDAQ: TRMB) reported strong first quarter 2024 results with record annualized recurring revenue of $2.03 billion, up 23% year-over-year. GAAP gross margin was 62.3% and non-GAAP gross margin was 65.8%. GAAP operating income was $109.2 million, non-GAAP operating income was $234.4 million. Adjusted EBITDA stood at $250.9 million. Revenue was $953.3 million, up 4% year-over-year. Diluted EPS was $0.23 on a GAAP basis and $0.64 on a non-GAAP basis. Share repurchases amounted to $175.0 million.
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