Trimble Beats ‘Challenging’ Quarter, Stock Hits High

By | February 12, 2014

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Trimble Navigation (TRMB) stock rose to an all-time high Wednesday after the maker of GPS and related products for the construction and agriculture fields late Tuesday posted Q4 results and gave Q1 sales guidance that exceeded Wall Street expectations. The Sunnyvale, Calif.-based company’s engineering and construction segment led the way, with E&C revenue up 23% from the year-earlier quarter. Trimble posted earnings per share minus items of 43 Scalper1 News

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