Trimble beats quarterly revenue estimates on strong product demand
Trimble beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from robust demand for its navigation equipment and software services despite economic uncertainty. The demand for Trimble's navigation, mapping, and geospatial services has remained strong amid a volatile economic environment, as these services cater to various industries, including agriculture, architecture, transportation and design. Integrating artificial intelligence and machine learning into its products has also boosted their appeal.