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Trimble Inc - TRMB STOCK NEWS

Welcome to our dedicated news page for Trimble (Ticker: TRMB), a resource for investors and traders seeking the latest updates and insights on Trimble.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Trimble's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Trimble's position in the market.

News
Badger Meter Builds on Smart Water Offerings With Network Monitoring Acquisition
Rhea-AI Summary
Badger Meter, Inc. (NYSE: BMI) has acquired remote water monitoring hardware and software from Trimble (NASDAQ:TRMB), including the Telog brand of RTUs and Trimble Unity Remote Monitoring software. This acquisition expands the company's offerings for real-time monitoring in water, wastewater, stormwater, and environmental water monitoring. The Chairman, President, and CEO, Kenneth C. Bockhorst, sees this acquisition as a strategic fit that enhances the company's growth plans and provides customers with more efficient, resilient, and sustainable solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
acquisition
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News
Trimble Divests Water Monitoring Assets to Badger Meter, Inc.
Rhea-AI Summary
Trimble (TRMB) completes sale of remote water monitoring hardware and software to Badger Meter, Inc. The divestiture aligns with Trimble's long-term growth strategy. The financial terms were not disclosed. Trimble will retain its water-related businesses serving marine construction, infrastructure monitoring, and surveying.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
Tags
none
-
News
Trimble to Provide Advanced Positioning Systems to Sabanto for Enhanced Autonomous Tractor Performance
Rhea-AI Summary
Trimble (NASDAQ: TRMB) and Sabanto integrate Trimble BX992 Dual Antenna GNSS receivers with Trimble CenterPoint® RTX for centimeter-level accuracy in autonomous farming equipment. The partnership aims to enhance productivity, minimize downtime, and alleviate workforce shortages for farmers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.17%
Tags
none
News
Trimble Contributes Inertial Navigation Solutions to the Indian Institute of Technology in Kanpur Supporting the Country's Commitment to Becoming a Leader in the UAV Industry
Rhea-AI Summary
Trimble (TRMB) collaborates with IIT Kanpur to support a new program in uncrewed aerial vehicles (UAV) in India. The collaboration aims to provide local expertise in developing best practices for UAV georeferencing and training future generations in the latest UAV technology, contributing to the country's 'Made in India' commercial UAV solutions. With the fastest growing UAV market projection by 2025, this collaboration is poised to have a significant impact on India's agriculture, telecom, urban development, and other industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
Tags
none
-
News
Immervision Inc. appoints Michel Van Maercke as its new CEO
Rhea-AI Summary
Immervision (TBD) - Pascale Nini, the main shareholder and longtime President and CEO, has hired a new Chief Executive Officer, Michel Van Maercke, to fuel growth and propel the company to new heights. The press release highlights the transition of Pascale Nini into the role of Executive Chairwoman and the appointment of Michel Van Maercke as the new CEO. Van Maercke brings with him extensive experience in the technology industry, having led various companies to significant success. His appointment is expected to drive Immervision's growth and development in the tech industry on an international scale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
management
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News
Trimble Introduces AI-Powered Capability to Automatic Invoicing Functionality with Microsoft Azure
Rhea-AI Summary
Trimble announces the availability of Automatic Invoicing in their Viewpoint Spectrum and Vista ERP Software. The integration of Azure AI Document Intelligence allows for the automatic conversion of paper and PDF invoices into validated entries, reducing errors and improving workflows. The new feature aims to save contractors time, effort, and money.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
AI
News
Trimble and Ferguson Team to Further Streamline Contractor Supply Chain Workflows and Optimize Material Management
Rhea-AI Summary
Trimble and Ferguson have integrated their data to digitize the construction supply chain. Ferguson locations nationwide have joined Trimble's Supplier Xchange network, allowing contractors to access up-to-date pricing information and seamlessly place purchase orders. This collaboration improves efficiency, accuracy, and speed in workflows between estimating, procurement, purchasing, accounting, and project management. Trimble's Supplier Xchange network handles over 10,000 digital connections and 130,000 quote requests per month with an average value of $18 billion USD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
none
-
News
Trimble Partners with HALO Trust for Landmine Clearance in Ukraine
Rhea-AI Summary
Trimble partners with The HALO Trust to expand demining operations in Ukraine. Trimble's GNSS technology aids in locating and clearing landmines. The Trimble Foundation Fund grant supports HALO's capacity building and coordination efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
partnership
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News
Trimble Announces David Barnes to Retire from the Company; Phil Sawarynski Named CFO effective May 2024
Rhea-AI Summary
Trimble announced that Chief Financial Officer David Barnes will retire in May 2024. Phil Sawarynski, currently the Vice President of Treasury, Corporate Development, and Co-Lead of Trimble Ventures, will take over as the new CFO. Barnes and Sawarynski will work together for the next six months to ensure a smooth transition. Sawarynski has been with Trimble since 2009 and has held various leadership roles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.09%
Tags
none
News
Trimble Announces Third Quarter 2023 Results
Rhea-AI Summary
Trimble Inc. announced its financial results for the third quarter of 2023. The company reported record annualized recurring revenue of $1.94 billion, up 25% YoY, and a third-quarter revenue of $957.3 million, up 8% YoY. Trimble achieved a GAAP gross margin of 61.7% and a non-GAAP gross margin of 65.0%. The GAAP operating income margin was 12.7%, and the non-GAAP operating income margin was 26.2%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.09%
Tags
earnings
Stock TRMB logo
Trimble Inc

NYSE:TRMB

TRMB Rankings

#636 Ranked by Market Cap
#3529 Ranked by Stock Gains
N/A Ranked by Dividends

TRMB Stock Data

14.87B
244.13M
0.56%
97.49%
1.18%
Other Measuring and Controlling Device Manufacturing
Manufacturing
Link
US
Sunnyvale

About TRMB

trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. from purpose built products to enterprise lifecycle solutions, trimble software, hardware and services are transforming a broad range of industries such as agriculture, construction, geospatial and transportation and logistics. trimble products are used in over 141 countries around the world. employees in more than 30 countries, coupled with a highly capable network of dealers and distribution partners serve and support customers worldwide. as the market leader in most of our businesses, we offer a compelling value proposition to our customers based on productivity, return on investment and environmental stewardship. come position yourself with an innovative industry leader and position yourself for success