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The Latest Breaking News from Trimble Inc. (

Take Advantage of the Sell-Off and Buy These 4 Large-Cap Stocks Now

The stock market has been under immense pressure due primarily to surging inflation, the Fed's aggressive interest rate increase, and geopolitical tensions. However, we think now could be an opportune time to scoop up fundamentally sound large-cap stocks Trimble (TRMB), Wipro Limited (WIT0), STMicroelectronics (STM), and James Hardie Industries (JHX).…

StockNews.com · May 13, 2022

Trimble Shares Drop On FY22 Outlook Cut, Q1 Earnings Beat

Trimble Shares Drop On FY22 Outlook Cut, Q1 Earnings Beat

Trimble Inc (NASDAQ:TRMB) reported first-quarter FY22 revenue growth of 12% year-on-year to $993.7 million, beating the consensus of $968.2 million. Annualized recurring revenue was $1.47 billion, up 12% Y/Y. Product revenue grew 15.2% Y/Y to $621.6 million. Service revenue was flattish at $161.1 million. Subscription revenue rose 14.2% Y/Y to $211 million. The…

Benzinga · May 5, 2022

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