secwatch.observer — SEC 8-K summary
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Issuer:     TRIMBLE INC. (TRMB)
CIK:        0000864749
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000864749-24-000251
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trimble Q3 beats guidance; record ARR $2.19B, gross margin 68.5%; raises FY2024 outlook
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- Revenue $875.8M (-9% reported, +3% organic); GAAP EPS $0.16, non-GAAP EPS $0.70.
- Record ARR $2.19B (+13% YoY, +14% organic); record gross margin 68.5%.
- Adjusted EBITDA $237.4M (27.1% of revenue); non-GAAP operating income $224.8M (25.7% of revenue).
- Full-year 2024 guidance raised: revenue $3,625-$3,665M; non-GAAP EPS $2.79-$2.87.
- CEO cites strong execution, Mobility divestiture to simplify business; investor day Dec 10, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/864749/000086474924000251/0000864749-24-000251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/864749/000086474924000251/trmb-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000864749-24-000251

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer