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Stock impact report

Trimble (TRMB) Q1 Earnings Beat Estimates, Revenues Up Y/Y [Yahoo! Finance]

Trimble Inc. (TRMB) 
Last trimble inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.trimble.com
Company Research Source: Yahoo! Finance
Trimble TRMB delivered first-quarter 2024 non-GAAP earnings of 64 cents per share, which surpassed the Zacks Consensus Estimate by 8.47% but decreased 11.1% on a year-over-year basis. Revenues of $953.3 million beat the Zacks Consensus Estimate by 2.29% and increased 4.1% year over year. Product revenues (accounted for 38.5% of total revenues) totaled $367.1 million, down 15.5% on a year-over-year basis. Subscription and services revenues (61.5% of total revenues) increased 22% year over year to $586.2 million. TRMB generated annualized recurring revenues of $2.03 billion, which increased 23% on a year-over-year basis (up 13% on an organic basis). Trimble Inc. Price, Consensus and EPS Surprise Trimble Inc. price-consensus-eps-surprise-chart | Trimble Inc. Quote Quarter Details AECO revenues (35.6% of total revenues) were $339.1 million, which increased 17.7% year over year. Field Systems revenues (44% of total revenues) of $419.2 million fell 12.6% year over year. T Show less Read more
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