TECH - Why Is Trimble Stock Trading Lower Monday? | Benzinga
Trimble Inc (NASDAQ:TRMB) reported a fourth-quarter FY23 revenue growth of 9% to $932.40 million, beating the consensus of $909.53 million. Revenue grew by 3% Y/Y on an organic basis.
The adjusted EPS of $0.63 beat the consensus of $0.59. The stock price dropped after the results.
Annualized recurring revenue was $1.98 billion, up 13% Y/Y ...