TRMB Stock Recent News

Sometimes, the headline numbers don't tell the whole story. That's definitely the case with industrial software company PTC (PTC 0.05%) and workflow technology company Trimble (TRMB 1.11%).

Market volatility has picked up, but it's still too early to call a stock market sell-off. After all, the Nasdaq Composite (^IXIC -0.35%) is down just 4.7% year to date, and the S&P 500 (^GSPC -1.22%) is down a little over 1% at the time of this writing.

Collaboration Enables Easier, More Scalable Precise Positioning Capabilities WESTMINSTER, Colo. , March 3, 2025 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today its collaboration with STMicroelectronics to deliver precise positioning solutions for automotive and Internet of Things (IoT) applications.

OutRun Autonomous Grain Cart Commercially Available Across the US. WESTMINSTER, Colo.

Latest Software Release Provides Advanced Visualization and Interoperability Workflows, Enhancing How Designers Create, Ideate, Present and Share Design Ideas WESTMINSTER, Colo. , Feb. 26, 2025 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today new visualization and interoperability capabilities in its latest software release for SketchUp ®.

Trimble Inc. transitioned to a subscription-based model, with ARR growing 14% YoY and recurring revenues now comprising 62% of total revenue. While ARR is expanding, total revenue is expected to decline by 5-9% in 2025 due to divestments and the transition away from hardware sales. Trimble spends 26% of gross profit on R&D to stay competitive, but rising competition could drive costs higher.

Trimble's fourth-quarter 2024 results impress with strong organic ARR growth and solid 2025 guidance, boosting confidence in profitability and stability.

Trimble Inc. (NASDAQ:TRMB ) Q4 2024 Earnings Conference Call February 19, 2025 8:00 AM ET Company Participants Rob Painter - President & Chief Executive Officer Phil Sawarynski - Chief Financial Officer Conference Call Participants Jason Celino - KeyBanc Capital Markets Kristen Owen - Oppenheimer Jonathan Ho - William Blair Chad Dillard - Bernstein Joshua Tilton - Wolfe Research Robert Mason - Baird Operator Ladies and gentlemen, thank you for standing by. My name is Krista and I will be your conference operator today.

While the top- and bottom-line numbers for Trimble (TRMB) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Trimble Navigation (TRMB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.63 per share a year ago.