Trimble announced Nov. 1 results for its third quarter of 2023, including an 8% year-over-year increase in revenue for the quarter to $957.3 million. For the first 9 months of the year, Trimble’s total revenue was up 1.6% to $2.87 billion, a record high for the same period in the last 5 years. Trimble’s Resources and Utilities segment, which includes its ag business, was down 7.4% year-over-year for the first 9 months of the year…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
