Trimble’s transportation revenue jumps 35% in Q3

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Despite a challenging freight market, Trimble Inc. said its transportation segment performed well...

https://www.freightwaves.com/news/trimbles-transportation-revenue-jumps-35-in-q3

Trimble’s Q2 transportation revenue grows 30% to $194M

Trimble Inc. posted second-quarter earnings that beat analyst expectations as the technology company reported year-over-year (y/y) growth in its buildings/infrastructure and transportation units.

“In transportation, the market remains challenging with the soft freight market pressuring carriers to streamline their operations for cost savings to increase asset utilization and increase the productivity of their nondriver workforce,” Rob Painter, Trimble’s president and CEO, said during a call with...

https://www.freightwaves.com/news/trimbles-q2-transportation-revenue-grows-30-to-194m

Trimble’s Q1 transportation revenue falls 2% to $155M

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Trimble Inc. on Wednesday reported that its first-quarter transportation revenue decreased just 2%...

Trimble’s transportation revenue falls 3% in Q4

Trimble Inc. on Wednesday reported transportation revenue decreased 3% year over year (y/y) to $150 million during the fourth quarter. 

For full-year 2022, transportation revenue totaled $604.2 million, a 5% y/y decrease from ’21.

Trimble is a Westminster, Colorado-based provider of technology solutions for trucking companies, freight brokerages and 3PLs. In addition to transportation, the company also also operates in industries such as buildings and infrastructure, geospatial hardware and...

https://www.freightwaves.com/news/trimbles-transportation-revenue-falls-3-in-q4

Case study: Restoration Hardware rethinks the bid process

LAKE BUENA VISTA, Fla.  — Frank Quint has put together a few transportation bids in his career. A veteran transportation professional, Quint found the process time-consuming and unwieldy.

“I’ve found that at the end of the bid, I never really felt like I was that much farther ahead than when I started,” the director of domestic transportation at Restoration Hardware told the audience Monday during a session at the Gartner Supply Chain Symposium/XPO 2022 at Walt Disney World’s Dolphin Resort in...

https://www.freightwaves.com/news/case-study-restoration-hardware-rethinks-the-bid-process

Trimble tops analysts’ Q3 expectations in revenue, earnings per share

Trimble Inc.’s third-quarter total revenue of more than $901 million and adjusted earnings per share of 66 cents beat analyst expectations.

Wall Street analysts had forecast EPS of 59 cents per share and revenue of $877.5 million for the quarter. During the third quarter of 2020, Trimble reported EPS of 34 cents and $792.8 million in revenue.

CEO Robert Painter said Wednesday during an earnings call that the company is “raising our annual earnings guidance despite a tightening supply chain...

https://www.freightwaves.com/news/trimble-transportation-segment-reports-161m-in-revenue

Trimble’s transportation segment reports 9% revenue increase

Trimble Navigation Ltd. on Wednesday reported second-quarter revenue of $945 million, a 29% increase compared to the same period last year.

The company posted quarterly earnings of 72 cents per share on net income of $138.9 million. Trimble topped analysts’ estimates for the second quarter, which predicted earnings of 60 cents per share and revenue of $866 million. 

“We achieved record levels of revenue in many of our businesses with exceptionally strong performance in machine control and civil...

https://www.freightwaves.com/news/trimbles-transportation-segment-reports-9-revenue-increase

Trimble tops earnings estimates with strong sales in Asia, Europe

Trimble Inc. (NASDAQ: TRMB) reported on Wednesday fourth-quarter transportation revenue of $159.7 million, down 22.5% compared to the fourth quarter of 2019.

Overall, the company produced $829.7 million in revenue during the fourth quarter of 2020, with earnings per share of 71 cents. Earnings per share, adjusted for one-time gains and costs, came to 61 cents per share.

The results exceeded Wall Street expectations, who expected earnings of 52 cents per share and revenue of $787.6 million for the...

https://www.freightwaves.com/news/trimble-tops-earnings-estimates-with-strong-sales-in-asia-europe

Trimble tops revenue and earnings-per-share expectations

Trimble Inc. (NASDAQ: TRMB) reported on Wednesday third-quarter transportation revenue of $158.9 million, down 20% compared to the third quarter of 2019.

Overall, the company produced $792.1 million in revenue, with earnings per share of 34 cents. Earnings per share, adjusted for one-time gains and costs, came to 60 cents per share.

Wall Street’s outlook was for earnings of 42 cents per share and revenue of $719.7 million.

“The resilience of our team, the quality of our strategy and the strength...

https://www.freightwaves.com/news/trimble-tops-q3-expectations

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