Trimble Inc Stock Price, News & Analysis

Trimble (NYSE:TRMB) and TDK's InvenSense have announced a strategic collaboration to deliver an advanced navigation solution combining Trimble ProPoint Go engine and RTX correction service with TDK's SmartAutomotive IMUs module.

The integrated solution features quad-frequency GNSS signal support and ASIL-C certified correction data, delivering superior positioning accuracy in all conditions. TDK's IMUs provide high-performance six-axis motion sensing in a compact, low-power format, with components suitable for applications up to ASIL-D safety requirements.

This partnership aims to enhance automated driving capabilities and IoT applications, including autonomous vehicles, drones, and industrial machinery, with a focus on accuracy, reliability, and safety.

Trimble (NASDAQ: TRMB) has launched Trimble Materials, a comprehensive software solution for construction material procurement and management. The solution integrates with Trimble ERP solutions including Viewpoint Spectrum and Viewpoint Vista, offering end-to-end purchasing, inventory, and accounts payable capabilities. The platform connects office staff, field teams, warehouse teams, and suppliers to streamline the entire materials management process. Key features include material ordering, inventory tracking, budget monitoring, and accounting integration. Field users can search for materials, view inventory, and communicate with the office, while office users can control orders, generate RFQs, and analyze spending. The solution will be available as part of the Trimble Construction One software suite for North American contractors.

Trimble (TRMB) has announced the opening of registration for its eighth annual Insight Tech Conference, scheduled for November 16-18, 2025, at the Ernest N. Morial Convention Center in New Orleans. The three-day festival-style event expects to attract over 1,500 transportation industry professionals, featuring more than 200 educational sessions focused on AI-powered logistics, market challenges, and operational management.

The conference will include keynote speaker Molly Fletcher, known as the "female Jerry Maguire," and will showcase an expanded podcast station, additional speaking opportunities, and the return of the Insight Pavilion. The event aims to connect carriers, shippers, brokers, 3PLs, and technology providers, offering insights into transportation trends and innovations.

Trimble (NASDAQ: TRMB) reported its Q1 2025 financial results, showcasing a record first quarter annualized recurring revenue (ARR) of $2.18 billion, up 7% year-over-year and 15% organically. Revenue was $840.6 million, down 12% year-over-year but up 2% organically. The company achieved GAAP operating income of $97.5 million (11.6% of revenue) and non-GAAP operating income of $198.2 million (23.6% of revenue).

GAAP EPS was $0.27 and non-GAAP EPS reached $0.61. The company executed a significant share repurchase of $627.4 million. Trimble maintained its full-year 2025 guidance, projecting revenue between $3,370-3,470 million and non-GAAP EPS of $2.76-2.98. The guidance reflects the completion of the mobility divestiture on February 8, 2025.

San Diego International Airport (SAN) has selected Woolpert to implement Trimble Unity Maintain™ enterprise asset management system. The solution, built on the ESRI ArcGIS® platform, will help streamline maintenance operations at California's third busiest airport. Woolpert will provide comprehensive services including implementation, configuration, training, maintenance, and technical support. The system will leverage existing GIS data to enhance operational efficiency, asset performance, and support Part 139 Inspection Reporting and Safety Management System practices. The implementation aims to establish a centralized, integrated computerized maintenance management system while optimizing GIS usage and reducing systems overlap.

Trimble (TRMB) has announced that Murphy Tractor & Equipment Co. has become the first John Deere dealer to join as a Trimble Technology Outlet. Based in Park City, Kansas, Murphy Tractor will sell Trimble's machine control, site positioning systems, and correction services technology for Deere and Hamm earthmoving equipment. The initial rollout will cover Ohio and parts of Indiana, Kentucky, and West Virginia, with plans to expand across Iowa, Kansas, Nebraska, and Western Missouri. This partnership is part of Trimble's evolved civil construction distribution strategy, aiming to make their technology more accessible to users of various machine types to improve jobsite productivity and profitability.

Trimble (Nasdaq: TRMB) has announced a significant change in its auditing partnership. The company's Audit Committee of the Board of Directors has made two key decisions effective April 25, 2025:

• KPMG has been appointed as the new independent registered public accounting firm
• Ernst & Young has been dismissed from its role as the company's independent registered public accounting firm

This change in auditors represents a notable shift in Trimble's financial oversight structure.

Trimble (Nasdaq: TRMB) has announced the filing of its Annual Report on Form 10-K for the fiscal year ended January 3, 2025, with the Securities and Exchange Commission (SEC). The company confirmed that there were no modifications to the financial statements previously presented during their earnings call on February 19, 2025.

Trimble (TRMB) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Wednesday, May 7, 2025 at 8 a.m. ET. The company will provide a detailed review of its Q1 2025 financial results during the call.

Interested participants can access the call through two methods: via web broadcast at the investor relations website or through a dial-in option. Those choosing to dial in must first complete a registration process at the provided link, after which they will receive dial-in details via email.