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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.

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.

Rhea-AI Summary
Trimble (TRMB) collaborates with IIT Kanpur to support a new program in uncrewed aerial vehicles (UAV) in India. The collaboration aims to provide local expertise in developing best practices for UAV georeferencing and training future generations in the latest UAV technology, contributing to the country's 'Made in India' commercial UAV solutions. With the fastest growing UAV market projection by 2025, this collaboration is poised to have a significant impact on India's agriculture, telecom, urban development, and other industries.
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Immervision (TBD) - Pascale Nini, the main shareholder and longtime President and CEO, has hired a new Chief Executive Officer, Michel Van Maercke, to fuel growth and propel the company to new heights. The press release highlights the transition of Pascale Nini into the role of Executive Chairwoman and the appointment of Michel Van Maercke as the new CEO. Van Maercke brings with him extensive experience in the technology industry, having led various companies to significant success. His appointment is expected to drive Immervision's growth and development in the tech industry on an international scale.
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Trimble announces the availability of Automatic Invoicing in their Viewpoint Spectrum and Vista ERP Software. The integration of Azure AI Document Intelligence allows for the automatic conversion of paper and PDF invoices into validated entries, reducing errors and improving workflows. The new feature aims to save contractors time, effort, and money.
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Trimble and Ferguson have integrated their data to digitize the construction supply chain. Ferguson locations nationwide have joined Trimble's Supplier Xchange network, allowing contractors to access up-to-date pricing information and seamlessly place purchase orders. This collaboration improves efficiency, accuracy, and speed in workflows between estimating, procurement, purchasing, accounting, and project management. Trimble's Supplier Xchange network handles over 10,000 digital connections and 130,000 quote requests per month with an average value of $18 billion USD.
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Trimble partners with The HALO Trust to expand demining operations in Ukraine. Trimble's GNSS technology aids in locating and clearing landmines. The Trimble Foundation Fund grant supports HALO's capacity building and coordination efforts.
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Trimble announced that Chief Financial Officer David Barnes will retire in May 2024. Phil Sawarynski, currently the Vice President of Treasury, Corporate Development, and Co-Lead of Trimble Ventures, will take over as the new CFO. Barnes and Sawarynski will work together for the next six months to ensure a smooth transition. Sawarynski has been with Trimble since 2009 and has held various leadership roles.
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Trimble Inc. announced its financial results for the third quarter of 2023. The company reported record annualized recurring revenue of $1.94 billion, up 25% YoY, and a third-quarter revenue of $957.3 million, up 8% YoY. Trimble achieved a GAAP gross margin of 61.7% and a non-GAAP gross margin of 65.0%. The GAAP operating income margin was 12.7%, and the non-GAAP operating income margin was 26.2%.
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Trimble and The Ohio State University open two state-of-the-art Trimble Technology Labs for the College of Food, Agricultural, and Environmental Sciences
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Trimble to hold conference call to review third quarter 2023 results
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Trimble's e-Builder Enterprise Government Edition receives Authorization to Operate from the U.S. Department of Energy
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Trimble Inc

Nasdaq:TRMB

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14.31B
244.76M
0.35%
96.65%
1.2%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
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United States
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