AI English summary of an SEC filing — figures as filed
Trimble TRMBThe company said revenue for Q4 2024 was $983.4 million, up 5% year over year and up 17% on an organic basis. It also reported annualized recurring revenue (ARR) of $2.26 billion, up 14% from a year earlier.
Key points
AI summaryThe company said revenue for Q4 2024 was $983.4 million, up 5% year over year and up 17% on an organic basis. It also reported annualized recurring revenue (ARR) of $2.26 billion, up 14% from a year earlier.
The company said GAAP net income for fiscal 2024 was $1,504.4 million and non-GAAP net income was $704.4 million. Non-operating items included divestitures gain, net of $1,687.9 million.
The company reported net cash provided by operating activities of $531.4 million and free cash flow of $497.8 million for fiscal 2024. It said it repurchased approximately 2.9 million shares for $175.0 million during the same year.
The company said its Board of Directors approved a share repurchase authorization of $1.0 billion with no expiration date on February 18, 2025, and that the remaining $625.0 million under the prior authorization was canceled. It presented its full-year 2025 revenue outlook as $3,370 million to $3,470 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Trimble QQ4 revenue $983.4 million, ARR $2.26 billion
The company said revenue for Q4 2024 was $983.4 million, up 5% year over year and up 17% on an organic basis. It also reported annualized recurring revenue (ARR) of $2.26 billion, up 14% from a year earlier.
Source · Based on the filing body and exhibits
Full-year GAAP net income of $1,504.4 million and divestitures gain
The company said GAAP net income for fiscal 2024 was $1,504.4 million and non-GAAP net income was $704.4 million. Non-operating items included divestitures gain, net of $1,687.9 million.
Source · Based on the filing body and exhibits
Full-year operating cash flow $531.4 million, share buybacks $175.0 million
The company reported net cash provided by operating activities of $531.4 million and free cash flow of $497.8 million for fiscal 2024. It said it repurchased approximately 2.9 million shares for $175.0 million during the same year.
Source · Based on the filing body and exhibits
Board approves $1.0 billion buyback and 2025 revenue outlook
The company said its Board of Directors approved a share repurchase authorization of $1.0 billion with no expiration date on February 18, 2025, and that the remaining $625.0 million under the prior authorization was canceled. It presented its full-year 2025 revenue outlook as $3,370 million to $3,470 million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…