PR Newswire
WESTMINSTER, Colo., April 12, 2024
WESTMINSTER, Colo., April 12, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that it will change the reporting of its segment financial results to better reflect the Company's organizational structure and business models. Starting with first quarter 2024 results, Trimble will report revenue and operating income based on three operating segments as follows:
Financial segment information for the four quarters and the full year for fiscal years 2023 and 2022, as if reported under the new structure, will be available in an 8-K filed today and is posted in the Investor Relations section of the Company's web site at: http://investor.trimble.com. Also available at http://investor.trimble.com will be pre-recorded prepared remarks and an accompanying slide presentation on the new reporting segments. The new segment financial results for 2022 and 2023 include the Company's agriculture business, which was contributed to its joint venture with AGCO, which closed on April 1, 2024.
About Trimble
Trimble is transforming the ways people move, build and live. Core technologies in positioning, modeling and data analytics connect the digital and physical worlds to improve our customers' productivity, quality, safety, transparency and sustainability. For more information about Trimble (NASDAQ: TRMB), visit: www.trimble.com.
REPORTING SEGMENTS (Dollars in millions) (Unaudited) | |||||||||
| |||||||||
| Three Months Ended | | | ||||||
| Q1 | | Q2 | | Q3 | | Q4 | | Year |
AECO | | | | | | | | | |
Segment revenue | $ 288.1 | | $ 264.1 | | $ 269.6 | | $ 288.7 | | $ 1,110.5 |
Segment operating income | $ 95.4 | | $ 62.4 | | $ 77.8 | | $ 93.4 | | $ 329.0 |
Segment operating income as a % of segment revenue | 33.1 % | | 23.6 % | | 28.9 % | | 32.4 % | | 29.6 % |
| | | | | | | | | |
Field Systems | | | | | | | | | |
Segment revenue | $ 479.9 | | $ 540.6 | | $ 495.4 | | $ 452.0 | | $ 1,967.9 |
Segment operating income | $ 137.4 | | $ 175.9 | | $ 165.0 | | $ 125.2 | | $ 603.5 |
Segment operating income as a % of segment revenue | 28.6 % | | 32.5 % | | 33.3 % | | 27.7 % | | 30.7 % |
| | | | | | | | | |
Transportation and Logistics | | | | | | | | | |
Segment revenue | $ 147.4 | | $ 188.9 | | $ 192.3 | | $ 191.7 | | $ 720.3 |
Segment operating income | $ 20.3 | | $ 26.7 | | $ 33.6 | | $ 37.6 | | $ 118.2 |
Segment operating income as a % of segment revenue | 13.8 % | | 14.1 % | | 17.5 % | | 19.6 % | | 16.4 % |
| | | | | | | | | |
CORPORATE SUMMARY | | | | | | | | | |
Segment Revenues: | | | | | | | | | |
AECO | $ 288.1 | | $ 264.1 | | $ 269.6 | | $ 288.7 | | $ 1,110.5 |
Field Systems | 479.9 | | 540.6 | | 495.4 | | 452.0 | | 1,967.9 |
Transportation and Logistics | 147.4 | | 188.9 | | 192.3 | | 191.7 | | 720.3 |
Total Segment Revenue | $ 915.4 | | $ 993.6 | | $ 957.3 | | $ 932.4 | | $ 3,798.7 Werbung Mehr Nachrichten zur Trimble Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1 Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News |