Trimble Navigation

Trimble’s 2nd-quarter transportation revenue drops 8%

A white truck travels on a road with mountains and technology icons in the background.

Supply chain technology provider Trimble Inc. reported on Friday an 8% year-over-year (y/y) drop in transportation revenue to $150 million.

Trimble (NASDAQ: TRMB) reported total revenue of $941 million, a 0.4% decrease from the second quarter of 2021. This follows record revenue of $994 million in Q1.

The Sunnyvale, California-based company reported adjusted earnings per share of 63 cents, an 11% y/y decrease. Adjusted operating income decreased by nearly 8% y/y to $211 million.

Trimble is a...

https://www.freightwaves.com/news/trimbles-2nd-quarter-transportation-revenue-drops-8

Trimble hits record revenue in 1st quarter of $994M

White tractor-trailers are lined up beneath a technology background.

Trimble Inc. reported Thursday record first-quarter revenue of $994 million, a 12% year-over-year increase.

Trimble (NASDAQ: TRMB) reported a 2% increase in transportation revenue year-over-year to nearly $159 million in the first quarter after a 3% year-over-year slump during the fourth quarter of 2021 due to supply chain disruptions. 

“We continue to progress in the conversion of our transportation enterprise software business to recurring revenue models and make good progress in developing a...

https://www.freightwaves.com/news/trimble-hits-record-revenue-in-1st-quarter-of-994m

Technology provider Trimble posts strong first-quarter results

The across-the-board gains exceeded expectations and reflect increasing end-market strength, Trimble CEO says.

Information technology provider Trimble Inc. (NASDAQ:TRMB), which has a large exposure in the transportation segment, reported late Wednesday strong first-quarter revenue, operating income and earnings per share.

The Sunnyvale, California-based company posted adjusted revenue of $886.7 million, up 12% year-over-year. Operating income increased to $140.9 million from $98.3 million. Net...

https://www.freightwaves.com/news/technology-provider-trimble-posts-strong-first-quarter-results

Trimble’s transportation segment reports 24% revenue decline

Trimble Navigation Ltd. (NASDAQ: TRMB) reported second quarter transportation revenue of $150.9 million, down 24%, compared to the second quarter of 2019, during an earnings call Wednesday.

Overall, the company produced $733.6 million in revenue, with an earnings per share of 52 cents, topping analysts’s expectations. Wall Street’s outlook was for earnings of 37 cents per share and revenue of $694.6 million.

Company officials attributed the better than expected results to the strength of its...

https://s29755.pcdn.co/news/trimbles-transportation-segment-reports-24-decline-in-revenue