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, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
