Trimble Announces Filing of Form 10-K/A for 2023 and Issuance of Forms 10-Q for the First, Second and Third Quarters of 2024

No changes have been made to previously reported financial statements

Remediation to internal controls well underway

WESTMINSTER, Colo., Jan. 16, 2025 /PRNewswire/ -- Trimble (Nasdaq: TRMB) has announced that Ernst & Young LLP (EY), Trimble's independent auditor, has completed its audit procedures relating to Trimble's 2023 financial statements. These additional audit procedures identified no changes to Trimble's previously reported financial results. The company has now filed its amended Annual Report on Form 10-K for the year ended December 29, 2023, originally filed with the Securities and Exchange Commission on February 26, 2024, and its Quarterly Reports on Form 10-Q for the first quarter ended March 29, 2024, the second quarter ended June 28, 2024 and the third quarter ended September 27, 2024, respectively, with the SEC. As previously communicated, the amended Form 10-K identifies deficiencies in controls related to certain information technology general controls, controls to ensure the completeness and accuracy of data transferred between certain systems, and controls over the evaluation of standalone selling prices of performance obligations and that such deficiencies represented material weaknesses as of December 29, 2023. Trimble is well on the way to remediating these issues.