Trimble (TRMB) Q4 Earnings Beat Estimates, Revenues Up Y/Y

Trimble (TRMB) delivered fourth-quarter 2023 non-GAAP earnings of 63 cents per share, which surpassed the Zacks Consensus Estimate by 8.62% and increased 5% on a year-over-year basis.Revenues of $932.4 million beat the Zacks Consensus Estimate by 2.59% and increased 9% year over year.Product revenues (accounted for 43.2% of total revenues) totaled $402.8 million, down 3.1% on a year-over-year basis. Subscription and services revenues (53.6% of total revenues) increased 20.2% year over year to $529.6 million ...