Trimble Inc. Files 8-K on Financials and Operations

TL;DR

Trimble Inc. dropped an 8-K on Aug 6th covering financials and other key events.

AI Summary

Trimble Inc. filed an 8-K on August 6, 2024, to report on its results of operations and financial condition, as well as other events. The filing also includes financial statements and exhibits. Trimble Inc. is incorporated in Delaware and its principal executive offices are located in Westminster, Colorado.

Why It Matters

This 8-K filing provides investors with crucial updates on Trimble Inc.'s financial performance and significant operational events, impacting their investment decisions.

Risk Assessment

Risk Level: low — This filing is a standard 8-K reporting routine financial and operational information, not indicating any immediate or unusual risks.

Key Players & Entities

• Trimble Inc. (company) — Registrant
• August 6, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Westminster, CO (location) — Address of principal executive offices
• 001-14845 (identifier) — Commission File Number

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value per share TRMB NASDAQ Global

Filing Documents

• trmb-20240806.htm (8-K) — 40KB
• a2024q2-8kex991.htm (EX-99.1) — 471KB
• trimbleprlogoa04.jpg (GRAPHIC) — 11KB
• 0000864749-24-000195.txt ( ) — 670KB
• trmb-20240806.xsd (EX-101.SCH) — 2KB
• trmb-20240806_lab.xml (EX-101.LAB) — 21KB
• trmb-20240806_pre.xml (EX-101.PRE) — 12KB
• trmb-20240806_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On August 6, 2024, Trimble Inc. (the " Company ") issued a press release reporting its financial results for the quarter ended June 28, 2024. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference. The information in Item 2.02 of this Current Report on Form 8-K, including the exhibit, is furnished pursuant to Item 2.02 and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that section. The information in Item 2.02 of this Current Report on Form 8-K shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this Current Report on Form 8-K, regardless of any general incorporation language in such filing.

01 Other Items

Item 8.01 Other Items. As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the " SEC ") on May 3, 2024, subsequent to the filing of the Company's Annual Report on Form 10-K with the SEC on February 26, 2024 (the " Form 10-K "), Ernst & Young LLP (" EY "), the Company's independent registered public accounting firm, informed the Company that in preparing for an upcoming Public Company Accounting Oversight Board inspection, EY had identified concerns regarding the design and execution of certain information technology (" IT ") and other controls for revenue-related systems and processes as of December 29, 2023 that had not been evaluated. On May 2, 2024, the Audit Committee of the Board of Directors of the Company and management, after discussion with EY, concluded there was an additional material weakness related to certain IT and other controls for revenue-related systems and processes as of December 29, 2023 that was not previously disclosed in Management's Annual Report on Internal Control over Financial Reporting. Since then, EY and the Company's management have been evaluating other matters related to the Company's internal control over financial reporting. It is possible that additional material weaknesses could be identified over the course of the ongoing assessment. EY has been performing and continues to perform incremental audit procedures responsive to the identified material weaknesses. This work is nearing completion, and the Company currently expects EY's assessments of the impact of the matters noted above to be completed in approximately a month or so. Based on the work to date, management has not identified any errors that would result in a restatement to the consolidated financial statements for the periods presented in the Form 10-K or for any previously released financial results. Furthermore, EY has not withdrawn its audit report on the financial statements included in the Form 10K. Add

Forward-Looking Statements

Forward-Looking Statements This document and the exhibits contain forward-looking statements within the meaning of Section 21E of the Exchange Act of 1934, as amended, which are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the effectiveness of the Company's internal controls, the further impact to the Company, and the Company's expectation as to the anticipated timing of the filing of the Company's Form 10-Q for the quarter ended June 28, 2024. While management has not identified any errors based on the work to date that would result in a restatement to the consolidated financial statements for the periods presented in the Form 10-K or for any previously released financial results, it is possible that errors could be discovered in the ongoing audit that could lead to such a restatement. These forward-looking statements are subject to change, and actual results may materially differ from those set forth in this Current Report due to certain risks and uncertainties. Factors that could cause or contribute to changes in such forward-looking statements include, but are not limited to, the expected timing and results of EY's completion of its additional audit procedures. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements set forth in reports filed with the SEC, including the Company's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K, such as statements regarding changes in economic conditions and the impact of competition. Undue reliance should not be placed on any forward-looking statement contained herein. These statements reflect the Company's position as of the date of this Current Report. The Company expressly disclaims any undertaking to release publicly any updates or revisions to any statements to reflect any change in

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated August 6 , 2024 related to the Company's financial results for the quarter ended June 28 , 2024 104 The cover page from this Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRIMBLE INC. a Delaware corporation Dated: August 6, 2024 By: /s/ David G. Barnes David G. Barnes Chief Financial Officer

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View this 8-K filing on SEC EDGAR