Wedbush Reiterates Outperform as Trimble's (TRMB) 4Q Results Show Confidence in Growth Trajectory
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Needham & Company Upgrades Trimble Navigation (TRMB) to Buy
February 10, 2016 7:35 AM ESTNeedham & Company upgraded Trimble Navigation (NASDAQ: TRMB) from Hold to Buy with a price target of $24.00, saying a return to growth is likely this year.
Analyst Richard Valera commented, "For the second quarter in a row TRMB solidly exceeded its guidance, we think... More
Trimble (TRMB) Tops Q4 EPS by 3c, Offers Q1 Guidance
February 9, 2016 4:13 PM ESTTrimble (NASDAQ: TRMB) reported Q4 EPS of $0.27, $0.03 better than the analyst estimate of $0.24. Revenue for the quarter came in at $559.7 million versus the consensus estimate of $544.36 million.
GUIDANCE:
Trimble sees Q1 2016 EPS of $0.25-$0.30, versus the consensus of $0.29. Trimble sees Q1... More
Trimble (TRMB) Acquires Building Design Cloud-Based Software Provider Sefaira
February 8, 2016 7:01 AM ESTTrimble (Nasdaq: TRMB) announced the acquisition of London/New York based Sefaira Ltd., a leading developer of cloud-based software for the design of sustainable and high-performance buildings. The acquisition of Sefaira expands Trimble's Design-Build-Operate (DBO) portfolio to include tools for designing high-performing buildings early in the conceptual phase of a project. Financial terms of the transaction were not disclosed.
Today, buildings consume about 40 percent of global energy, according to the United Nations Environment Programme's Sustainable Buildings and Climate... More
