Trimble Inc Stock Price, News & Analysis

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.

Trimble (TRMB) has announced a new integration between its B2W Track and Trimble Siteworks software systems to enhance progress quantity tracking for earthwork and civil contractors. The integration enables automated production quantity tracking capabilities, allowing contractors to compare actual material production quantities with planned quantities more efficiently.

The new workflow allows project managers to create quantity measurement requests in B2W Track, which are automatically sent to field personnel using Siteworks software. The field data is collected with survey-grade accuracy and transmitted back to B2W Track via Wi-Fi or cellular connections. The production quantity data can be transferred to Trimble Viewpoint Vista, Viewpoint Spectrum accounting systems, or third-party construction accounting systems.

This integration, available now in North America at no additional cost for existing licensees of both software systems, advances Trimble's Construction One vision of connected workflows and data, streamlining the progress-to-plan reporting process.

Trimble (Nasdaq: TRMB) has announced Waukesha-Pearce Industries (WPI) as its newest Trimble Technology Outlet, expanding its civil construction distribution strategy. WPI will now offer Trimble aftermarket grade control technology for Komatsu and Yanmar earthmoving equipment across Texas and Louisiana.

The partnership includes access to the Trimble Works Subscription, providing monthly payment options, upgrade flexibility, and software maintenance. The technology integration aims to enhance jobsite productivity through precise positioning systems, optimized equipment usage, and improved accuracy while reducing wear-and-tear and fuel consumption.

This strategic expansion makes Trimble's technology more accessible to users of various machine types, including dozers, excavators, mini-excavators, motor graders, and compact track loaders. The solutions are currently available at all WPI locations in Texas and Louisiana.

Trimble (TRMB) and Liebherr have announced a new Trimble Ready® factory option for Liebherr PR 776 Generation 8 bulldozers. This factory-installed option includes mounting hardware, brackets, and an integrated wiring harness, facilitating easier installation of the Trimble Earthworks grade control platform.

The pre-equipped solution aims to reduce costs and complexity while enhancing operational efficiency. Installation services, personalized training, and local technical support will be provided through Trimble's SITECH® dealer channel and select authorized resellers. The option is available globally through Liebherr dealers.

Trimble (TRMB) has announced the launch of its Siteworks Machine Guidance Module for tilt bucket attachments, enhancing construction efficiency and precision. The new technology integrates with Trimble Siteworks software, enabling operators to perform precise grading, leveling, ditch cleaning, and complex slope work.

The system features the Trimble R780 GNSS Smart Antenna with tilt compensation and ProPoint positioning engine, compatible with field tablets running Siteworks software. It allows operators to transition seamlessly between surveying and machine control tasks, utilizing the same system across different machines and jobsites.

When combined with Trimble CenterPoint RTX correction service, contractors can achieve high-accuracy positioning worldwide without local base stations. The technology will be available globally through SITECH distribution channels and select authorized resellers in Q2 2025.

Trimble (TRMB) has announced new API capabilities for its Accubid Anywhere cloud-hosted electrical estimating software. The update introduces five APIs: Project API, Estimate API, Final Price API, Extension API, and Bid Breakdown API, designed to enhance data analysis and collaboration for electrical contractors.

The new APIs enable automated connectivity between estimating and related systems, including ERP, project management, and CRM, eliminating manual data transfer. Key features include the ability to extract project details, capture estimate information, compare initial estimates with final prices, send bills of materials to other software, and analyze detailed bid breakdowns.

Hunt Electric, a national electrical firm, reports using these APIs to better understand bid creation and compare estimates against actual job execution. The APIs are now available in North America for Accubid Anywhere subscribers.

Trimble (NASDAQ: TRMB) has received a deficiency notification from Nasdaq on March 20, 2025, due to delayed filing of its 2024 Form 10-K annual report. The company has 60 calendar days to submit a compliance plan, with Nasdaq potentially granting an extension until July 2, 2025.

The delay stems from additional time required to prepare and file amendments to the 2023 Form 10-K and quarterly reports for the first three quarters of 2024, which were filed on January 16, 2025. Trimble maintains that the final 2024 Form 10-K financial results are expected to align with those announced in their February 19, 2025 press release.

The notification has no immediate impact on Trimble's listing or trading status on the Nasdaq Global Select Market. The company has expressed its intention to take necessary steps to regain compliance with Nasdaq's listing rules as soon as possible.