Previous close | 15.60 |
Open | 18.88 |
Bid | 17.20 |
Ask | 20.80 |
Strike | 75.00 |
Expiry date | 2024-11-15 |
Day's range | 18.88 - 18.88 |
Contract range | N/A |
Volume | |
Open interest | 7 |
Trimble Inc (NASDAQ:TRMB) reported a fiscal first-quarter 2024 revenue growth of 4% to $953.30 million, beating the consensus of $912.53 million. Revenue growth was flat Y/Y on an organic basis. The adjusted EPS of $0.64 beat the consensus of $0.62. The stock price gained after the results in the premarket session, only to fall after the market opened. Annualized recurring revenue was $2.03 billion, up 23% Y/Y on an organic basis. Product revenue declined 15.5% Y/Y to $367.1 million. Subscriptio
The headline numbers for Trimble (TRMB) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Robust Annualized Recurring Revenue and Record Margins Highlight Strategic Progress