💨 Abstract

Trimble increased its full-year earnings forecast for the second time in 2023, attributing the decision to higher revenue from subscriptions and software services. The GPS navigation company beat third-quarter estimates, with shares up nearly 9%. Trimble, which serves various industries, is experiencing robust client spending amid economic easing signs. Its subscription and services segment revenue rose 10.7%, contributing to a better-than-expected $875.8

Courtesy: theprint.in