Trimble Inc. (NASDAQ:TRMB) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Rob Painter - President & Chief Executive Officer Phil Sawarynski - Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer Jerry Revich - Goldman Sachs Rob Wertheimer - Melius Research Jerry Revich - Goldman Sachs Jason Celino - KeyBanc Capital Markets Tami Zakaria - JPMorgan Clarke Jeffries - Piper Sandler Chad Dillard - Bernstein Arsenije Matovic - Wolfe Research Operator T ...

Trimble Navigation (TRMB) reported $875.8 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.5%. EPS of $0.70 for the same period compares to $0.68 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $866.3 million, representing a surprise of +1.10%. The company delivered an EPS surprise of +12.90%, with the consensus EPS estimate being $0.62.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...

Trimble Navigation (TRMB) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.90%. A quarter ago, it was expected that this GPS manufacturer would post earnings of $0.57 per share when it actually produced earnings of $0.62, delivering a surprise of 8.77%.Over the last four quarters, t ...

Exhibit 99.1 Trimble Announces Third Quarter 2024 Results • Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy • Record gross margin, demonstrating continued business transformation and favorable mix shift • Continued simplification and focusing of business via recently announced Mobility divestiture • Raising full year guidance WESTMINSTER, Colo., Nov 6, 2024 - Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2024. Third Q ...

Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy Record gross margin, demonstrating continued business transformation and favorable mix shift Continued simplification and focusing of business via recently announced Mobility divestiture Raising full year guidanceWESTMINSTER, Colo., Nov. 6, 2024 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2024.Third Quarter 2024 Financial Highlights Revenue of $875.8 m ...

WESTMINSTER, Colo., Oct. 23, 2024 /PRNewswire/ -- Trimble (Nasdaq: TRMB) will hold a conference call on Wednesday, November 6, 2024 at 8 a.m. ET to review its third quarter 2024 results. The call will be broadcast live on the web at http://investor.trimble.com. Investors without internet access may dial into the call at (888) 660-6347 (U.S.) or (929) 201-6594 (international). The conference ID is 1043223.About TrimbleTrimble is transforming the ways people move, build and live. Core technologies in position ...

Strategic partnership will enable machines equipped with John Deere SmartGrade™ greater access to Trimble technology ecosystem WESTMINSTER, Colo., Oct. 22, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today a new strategic relationship with John Deere (NYSE: DE) that will accelerate the innovation and adoption of grade control technology for the construction industry. The availability of the Trimble Earthworks Grade Control technology integrated with the John Deere SmartGrade™ platform will make i ...

Caterpillar Inc. (CAT) has been on an impressive upward trajectory recently. Over the past five trading sessions, the CAT stock trended at more than $390 per share, closing at $394.05 yesterday. This is just 1% below its 52-week high of $397.22 reached on Sept. 26. This momentum was fueled by several developments, including China's stimulus measures, BHP Group's (BHP) decision to test the groundbreaking Cat Dynamic Energy Transfer ("DET") system and the extension of Caterpillar's joint venture with Trimble. ...

Trimble (TRMB) extended its long-standing joint venture with Caterpillar (CAT) , enhancing the distribution of grade control solutions in the construction sector. The renewed agreement strengthens the collaboration between the two companies, broadening the availability of interoperable grade control technologies to customers through flexible platforms. TRMB's customers will benefit from an expanded distribution network, including streamlined access to the Trimble Construction One suite. CAT's customers gain ...

TALLAHASSEE, Fla. and WESTMINSTER, Colo., Oct. 3, 2024 /PRNewswire/ -- Florida A&M University (FAMU) and Trimble (Nasdaq: TRMB) celebrated the grand opening of the new Trimble Technology Lab at the Tallahassee campus on October 2. This event marks a major milestone as FAMU becomes the first Historically Black College and University (HBCU) to host a Trimble Technology Lab (TTL). The lab at FAMU is set to revolutionize the learning experience for students in architecture and construction engineering by provid ...