MARKET COMPOSITE
TRMB - Trimble Inc8:00:00 PM 4/19/2024
Price
$57.97
+ 0.11 (0.19%)
Trimble Inc. is a Sunnyvale, California-based hardware, software and services technology company. Trimble services global industries in Agriculture, Building & Construction, Geospatial, Natural Resources and Utilities, Governments, Transportation and others. Trimble also does hardware development of Global Navigation Satellite System receivers, laser rangefinders, unmanned aerial vehicles , inertial navigation systems and software processing tools. The company was founded in November 1978. Trimble Navigation was founded in November 1978 by Charles Trimble and two partners from Hewlett Packard, initially operating above a movie theatre in Los Altos, California.[citation needed]
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue932.4MM-3%
Gross Profit577.3MM-2%
Cost Of Revenue355.1MM-3%
Operating Income96.9MM-20%
Operating Expenses480.4MM+2%
Net Income63MM-16%
R&D167.7MM+3%
G&A118.3MM+1%
Marketing146.1MM-0%
Amortization28.8MM-8%
Stock Chart

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Stock news

    Trimble's (TRMB) transforms Swedish forestry, with Holmen's adoption of a CONNECTED FOREST suite for seamless digital transformation.

    Trimble (NASDAQ: TRMB) announced today that Holmen, a leading Swedish forestry company, has selected Trimble CONNECTED FOREST® as its new, comprehensive forest management system for Holmen Skog. ForestX, Trimble's service partner in Sweden, will implement the digital transformation project.

    Most readers would already be aware that Trimble's (NASDAQ:TRMB) stock increased significantly by 20% over the past...

    Trimble (NASDAQ: TRMB) announced today that it will change the reporting of its segment financial results to better reflect the Company's organizational structure and business models. Starting with first quarter 2024 results, Trimble will report revenue and operating income based on three operating segments as follows:

    AGCO launches PTx, a Precision Ag Portfolio, to support the future development and distribution of next-generation ag technologies for farmers.

    MODE Global, a multi-billion, multi-brand 3PL platform and one of the world's leading logistics companies, is announcing a collaboration with Transporeon, a Trimble Company. The collaboration aims to leverage automation to tender both spot and dedicated freight using Autonomous Procurement offered by Transporeon. As a leading Transportation Management Platform, it will be white-labeled and customized for MODE as MODE Global Marketplace.

    Agco (AGCO) and Trimble (TRMB) have closed their joint venture PTx Trimble, which focuses on precision agriculture and next-generation technology for farmers.  Agco Chairman, President, and CEO Eric Hansotia says the venture will help build technology for the "mixed fleet." "We serve farmers not only for one brand, like the Agco brands, but we serve all farmers. No matter who they've bought from in the past, we'll sell technology upgrades to take their existing machine and give it new capability...

    The first data paints a mixed picture of how trucks and ships are diverting away from Baltimore in the wake of the Key Bridge collapse. The post Rerouting trucks and ships away from Baltimore: What early data shows appeared first on FreightWaves.

    AGCO Corp (AGCO) closes the previously announced JV deal with Trimble to form PTx Trimble to better serve farmers.

    AGCO Corporation (NYSE: AGCO) and Trimble (Nasdaq: TRMB) today announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble's precision agriculture business and AGCO's JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the mixed-fleet precision agriculture market.