Nasdaq Delisting Notice - Trimble Inc received a staff delisting determination from Nasdaq due to non-compliance with Nasdaq Listing Rule 5250(c)(1) which requires timely filing of periodic financial reports [1] - The company is delinquent in filing its Quarterly Report on Form 10-Q for the period ended September 27 2024 [2] - The delisting determination was issued because the company failed to file Quarterly Reports on Form 10-Q for the periods ended March 29 2024 June 28 2024 and September 27 2024 by the November 11 2024 deadline [3] Company's Response - The company intends to appeal the staff determination before a Nasdaq Hearing Panel and seek a further stay of any suspension or delisting action pending the hearing process [4] - Hearings are typically scheduled to occur 30 to 45 days after the date of the request and the company may further appeal to the Nasdaq Listing Council for review [4] - The company believes it is well positioned to be granted an extension which would provide additional time to complete work and file financials thereby regaining compliance with Nasdaq Listing Rule [4] Financial Reporting Status - Management has not identified any errors that would require a restatement of financials for the periods presented in the company's Annual Report on Form 10-K originally filed with the SEC on February 26 2024 or for any previously released financial results [6] - Ernst & Young LLP the company's independent registered public accounting firm has not withdrawn its audit report on the financial statements included in the company's Annual Report on Form 10-K [6] - The company is working diligently with EY to complete the assessment of the impacts related to the company's internal controls over financial reporting and EY continues to perform incremental audit procedures responsive to the identified material weaknesses [5] About Trimble - Trimble is a company focused on transforming the ways people move build and live through core technologies in positioning modeling and data analytics [9] - The company's technologies connect the digital and physical worlds to improve customers' productivity quality safety transparency and sustainability [9]

Seven contractors recognized for use of Trimble technology for architecture, engineering and construction workflows, processes and projectsLAS VEGAS, Nov. 12, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today announced winners of the annual Trimble Construction Innovation Awards, recognizing exceptional use of Trimble technology on workflows, processes and projects by North American customers.Six award categories allowed applicants to highlight any and all types of Trimble construction technology used thro ...

AI advancements extend value of Trimble construction technology and expertise to drive efficiencies in the field and the officeLAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today gave attendees of its annual user conference, Trimble Dimensions, an inside look at the company's latest initiatives to incorporate artificial intelligence (AI) into construction workflows to help automate processes, improve decision making and enhance productivity. With an extensive hardware and software portfol ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Increased accessibility through a no-cost option enables all contractors to take advantage of Trimble ProjectSight with a new AI feature that supports greater automation and efficiencyLAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) is unveiling a free version of Trimble ProjectSight®, featuring AI and advanced tools that were previously inaccessible to many in the construction industry. This initiative underscores Trimble's strategy to empower contractors of all sizes with connected data an ...

Industry-standard 3D software reaches new growth milestoneLAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today announced that its SketchUp® 3D modeling software surpassed one million active subscribers. The growth is supported by SketchUp's transition to a subscription business model, the continuous introduction of innovative product features, and Trimble's customer-centric focus on delivering value to the architecture, engineering and construction (AEC) industry. The announcement was made ...

Trimble App Xchange and Trimble Marketplace make it easier for contractors and software developers to build new integrations as well as find existing integrations that automatically connect applications and dataLAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today announced enhancements to Trimble App Xchange and launched Trimble Marketplace to expand connections between applications and data across construction workflows. With App Xchange, software developers can build integrations that ca ...

Trimble (TRMB) delivered non-GAAP earnings of 70 cents per share in the third quarter of 2024, surpassing the Zacks Consensus Estimate by 12.9%. The reported figure increased 2.9% year over year.Revenues of $875.8 million beat the Zacks Consensus Estimate by 1.1% but declined 8.5% year over year (3% up on an organic basis).Product revenues (35.1% of total revenues) were $307.6 million, down 30.7% year over year. Subscription and services revenues (64.9% of total revenues) increased 10.7% year over year to $ ...

New donation provides quickly deployable and reliable access to survey-grade precision for hundreds of field workers to work safer and faster while clearing land of extremely dangerous remnants of warWESTMINSTER, Colo., Nov. 7, 2024 /PRNewswire/ -- Trimble (Nasdaq: TRMB) has announced its expanded support for The HALO Trust, the world's largest humanitarian landmine-clearance non-profit organization. Trimble is donating an additional 175 Trimble® Catalyst™ GNSS systems, including Trimble DA2 GNSS receivers, ...

Extends Trimble's all-in-one solution for survey and machine guidance to any compact track loader bucketWESTMINSTER, Colo., Nov. 7, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today the availability of its Trimble Siteworks Machine Guidance Module for compact track loaders. Siteworks Machine Guidance extends the capabilities of Trimble Siteworks Software from surveying and layout to support on-machine guidance and operator assistance, now on compact track loader buckets. This marks the first new ...