Trimble Shares Fall On Q3 Revenue Miss As Macro Challenges Weigh; Slashes FY22 Outlook
Trimble Inc (NASDAQ:TRMB) reported third-quarter FY22 organic revenue growth of 6% year-on-year to $884.9 million, missing the consensus of $910.7…
Stocks That Hit 52-Week Lows On Monday
During Monday's trading, 528 companies set new 52-week lows.
Trimble Ventures Invests In Civ Robotics A Construction Tech Startup Focused On Autonomous Surveying Solutions; Investment Terms Not Disclosed
SUNNYVALE, Calif., Sept. 21, 2022 /PRNewswire/ -- Trimble Ventures, Trimble's (NASDAQ:TRMB) corporate venture capital fund, announced today its investment in Civ Robotics, a San Francisco-based
Piper Sandler Downgrades Trimble to Neutral, Lowers Price Target to $70
Piper Sandler analyst Clarke Jeffries downgrades Trimble (NASDAQ:TRMB) from Overweight to Neutral and lowers the price target from $82 to $70.
Trimble Earnings Perspective: Return On Invested Capital
Pulled from Benzinga Pro data, Trimble (NASDAQ:TRMB) posted Q2 earnings of $168.00 million, an increase from Q1 of 52.31%. Sales dropped to $941.20 million, a 5.28% decrease between quarters.
Wolfe Research Initiates Coverage On Trimble with Peer Perform Rating
Wolfe Research analyst Gal Munda initiates coverage on Trimble (NASDAQ:TRMB) with a Peer Perform rating.
Recap: Trimble Q2 Earnings
Trimble (NASDAQ:TRMB) reported its Q2 earnings results on Friday, August 5, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
Earnings Scheduled For August 5, 2022
Companies Reporting Before The Bell
• Reservoir Media (NASDAQ:RSVR) is projected to report quarterly loss at $0.05 per share on revenue of $18.19 million.