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Trimble Announces 2024 Ovation Award Winners for Excellence in Transportation and Logistics
Prnewswire· 2024-09-05 15:40
Winners were selected for their innovative use of Trimble technology to improve performance, safety and efficiency WESTMINSTER, Colo., Sept. 5, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) is proud to announce the winners of the 2024 Ovation Awards. The Ovation Awards recognize Trimble customers within its transportation & logistics segment for their innovative solutions to improve business performance, safety and efficiency. All products highlighted in this year's awards are software solutions provided by T ...
Secret's Out: Buy This Hot Technology Stock Before Wall Street Catches On
The Motley Fool· 2024-08-25 07:19
This stock is falling under the radar of many investors, creating a great buying opportunity for those willing to look into the details. Positioning and workflow technology company Trimble (TRMB 1.68%) has a bright future, but it's not the best-known or appreciated company. There are various reasons for this, but enterprising investors willing to dig deeper into the stock could generate exceptional returns. Here's what you need to know before buying in. Trimble isn't a consumer-facing business You may have ...
Trimble: Undervalued Amid Strong Q2 Results And FY25 Estimates
Seeking Alpha· 2024-08-13 05:55
Hiroshi Watanabe/DigitalVision via Getty Images This is my first time covering Trimble (NASDAQ:TRMB), which is a technology company that specializes in providing solutions that connect the physical and digital worlds. Its most prominent industry exposures are in agriculture, construction, geospatial, and transportation, where it integrates hardware, software, and services for increased productivity, efficiency, and safety. In my opinion, TRMB stock is currently moderately undervalued, providing alpha potent ...
Trimble (TRMB) Q2 Earnings Beat Estimates, Revenues Down Y/Y
ZACKS· 2024-08-07 16:45
Trimble (TRMB) delivered non-GAAP earnings of 62 cents per share in second-quarter 2024, surpassing the Zacks Consensus Estimate by 8.77% but declining 3.1% on a year-over-year basis. Revenues of $870.8 million beat the Zacks Consensus Estimate by 1.16% but declined 12.4% year over year (1% up on an organic basis). Product revenues (contributed 36.8% to total revenues) totaled $320.4 million, down 34.7% on a year-over-year basis. Subscription and services revenues (63.2% of total revenues) increased 9.4% ye ...
Trimble Releases Transporeon Report on Trends and Challenges for North American Transportation
Prnewswire· 2024-08-07 10:30
Nearshoring, electrification and freight fraud among the current trends and challenges facing North American truckload transportation WESTMINSTER, Colo., Aug. 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) has released "The Road Ahead: Key Trends and Capabilities Shaping the North American Freight Transportation Market," a Transporeon report identifying key developments impacting the future of the truckload transportation sector in North America. Trimble (NASDAQ: TRMB) has released "The Road Ahead: Key Tren ...
Trimble(TRMB) - 2024 Q2 - Earnings Call Presentation
2024-08-06 15:36
參Trimble. 1 Trimble Inc. Second Quarter 2024 Earnings Summary © 2024 Trimble, Inc - All Rights Reserved Forward-Looking Statements Certain statements made in this presentation and any subsequent Q&A period are forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These statements include expectations about our future financial and operational result ...
Trimble(TRMB) - 2024 Q2 - Earnings Call Transcript
2024-08-06 15:35
Trimble Inc. (NASDAQ:TRMB) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Rob Painter - President & CEO Phil Sawarynski - CFO Conference Call Participants Kristen Owen - Oppenheimer Zane Meehan - KeyBanc Capital Markets Jerry Revich - Goldman Sachs Jonathan Hull - William Blair Rob Mason - Robert W. Baird Tami Zakaria - J.P. Morgan Arsenije Matovic - Wolfe Research Operator Thank you for standing by, and welcome to the Trimble Second Quarter 2024 financial results conference ...
Trimble (TRMB) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-06 14:35
Trimble Navigation (TRMB) reported $870.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 12.4%. EPS of $0.62 for the same period compares to $0.64 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $860.83 million, representing a surprise of +1.16%. The company delivered an EPS surprise of +8.77%, with the consensus EPS estimate being $0.57. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...
Trimble Navigation (TRMB) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-08-06 13:06
Trimble Navigation (TRMB) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.77%. A quarter ago, it was expected that this GPS manufacturer would post earnings of $0.59 per share when it actually produced earnings of $0.64, delivering a surprise of 8.47%. Over the last four quarters, ...
Trimble Announces Second Quarter 2024 Results
Prnewswire· 2024-08-06 10:55
Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy Record second quarter gross margin, demonstrating continuing business transformation and favorable mix shift Raising full year guidance for revenue and earnings per share WESTMINSTER, Colo., Aug. 6, 2024 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights Revenue of $870.8 million, down 12 percent on a year-over-y ...