Trimble Inc. Files 8-K on Financials

TL;DR

Trimble dropped its 8-K, check the financials for Sept 15.

AI Summary

Trimble Inc. filed an 8-K on September 16, 2024, reporting on its financial condition and results of operations as of September 15, 2024. The filing includes financial statements and exhibits related to the company's performance.

Why It Matters

This filing provides investors with updated financial information and operational results for Trimble Inc., crucial for assessing the company's current performance and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial filing and does not indicate any unusual risks or events.

Key Players & Entities

• Trimble Inc. (company) — Registrant
• 0000864749-24-000217 (filing_id) — Accession Number
• September 15, 2024 (date) — Period of Report
• September 16, 2024 (date) — Filing Date
• 10368 Westmoor Drive, Westminster, CO 80021 (address) — Principal Executive Offices

FAQ

Key Financial Figures

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

Filing Documents

• trmb-20240915.htm (8-K) — 32KB
• ex991pressrelease2024-09x15.htm (EX-99.1) — 20KB
• 0000864749-24-000217.txt ( ) — 181KB
• trmb-20240915.xsd (EX-101.SCH) — 2KB
• trmb-20240915_lab.xml (EX-101.LAB) — 21KB
• trmb-20240915_pre.xml (EX-101.PRE) — 12KB
• trmb-20240915_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On September 15, 2024, Trimble Inc. (the "Company") issued a press release announcing the Company's entry into a Master Transaction Agreement with Platform Science, Inc. ("Platform Science"), dated September 14, 2024 (such agreement, as may be amended from time to time, the "Agreement"). Among other things, the Agreement provides that the Company will sell its global transportation telematics business units to Platform Science and become a shareholder in Platform Science's expanded business. The Company's other core transportation business units – Enterprise, Maps, Vusion and Transporeon – are not included in the proposed transaction and will remain part of the Company's Transportation & Logistics segment following the closing of the proposed transaction. The closing of the proposed transaction is subject to customary closing conditions and regulatory approval. The press release also includes certain historical financial information with respect to the global transportation telematics business units. The information contained in Item 2.02 of this report, including the press release, a copy of which is attached to this Current Report on From 8-K as Exhibit 99.1, is furnished and shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section.

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 21E of the Securities 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 planned transaction and the timing thereof, the value and benefits to Trimble of its equity stake in Platform Science and the commercial agreements to be entered into in connection therewith, and the development of technology, delivery of services and the business performance of each of Trimble and Platform Science following the closing of the proposed transaction. These forward-looking statements are subject to change, and actual results may materially differ from those set forth in this news release 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 (i) the failure to realize the anticipated benefits of the proposed transaction, (ii) that the closing of the proposed transaction is subject to conditions which may not be satisfied or may take longer to be satisfied than expected, including the failure to obtain governmental or regulatory approval that may be required for the proposed transaction, or that, if such approval is obtained, the approval is obtained subject to unexpected conditions, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive agreement relating to the proposed transaction, (iv) the effect of the announcement, pendency or completion of the proposed transactions on the ability of the parties to retain customers and retain and hire key personnel and maintain relationships with their counterparties, and on their operating results and businesses generally, (v) matters related to the proposed transaction diverting management's attention from other

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated September 15 , 2024 104 The cover page from this Current 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 Date: September 16, 2024 By: /s/ Phillip Sawarynski Phillip Sawarynski Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR