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Trimble Inc. (TRMB) Affirms Focus on Growing Software and Recurring Revenues

Trimble Inc. (NASDAQ:TRMB) is one of the best tech stocks to buy, according to Cathie Wood. On September 11, at the Piper Sandler 4th Annual Growth Frontiers Conference, the company reiterated its shift towards a software-driven revenue model. Trimble Inc. (TRMB) Affirms Focus on Growing Software and Recurring Revenues The shift is part of the company’s bid to target 3billioninannualrecurringrevenueand3 billion in annual recurring revenue and 4 billion in revenue by 2027. Currently, the company generates at least 80% of its revenues fr ...