Home Tags Financial

Tag: Financial

Trimble Reports 2023 Earnings, Gives 2024 Guidance

Trimble $TRMB reported nearly $3.8 billion in 2023 revenue—a 3 percent year-over-year increase—and expects to report income between $3.57 billion and $3.67 billion this year. In...

TomTom Reports 2023 Results, Records $2.7 Billion Auto Backlog

Due to flat automotive demand, TomTom  said it would see level sales this year as a backlog of auto orders expires.  The company, which reported...

Everfield’s Acquisition of Visioglobe Fits Company Strategy

Although announced in late October, Everfield’s purchase of French navigation provider Visioglobe fits well with the company’s acquisition strategy, which focuses on vertical market software solutions, a...

U-blox Wins Patent Infringement Lawsuit against Techtotop, Announces Largest Investor

Thalwil, Switzerland-based u-blox  has announced that the Chinese Supreme Court has ruled in its favor in a patent infringement claim filed by Techtotop Microelectronic Technology Co. The company said...

TomTom Reports Quarterly Loss, Partners With Terra Visus

Driven by stronger automotive division sales, digital mapping company TomTom  last week reported smaller than expected losses for its third quarter.  The company reported a...

Weekly Product News

Yaletown Partners Invests in oneNav Yaletown Partners have invested in Sunnyvale, Calif.-based oneNav, which recently rolled out its pureL5 Acquisition Receiver Core (pARC) GNSS augmentation product.  Financial details were...

BAE’s $5.6 Billion Purchase of Ball Aerospace Consolidates Military GPS

Already a major GPS military user equipment provider, BAE Systems looks to the U.S. government space market with acquisition… While last week’s $5.6 billion purchase...

INRIX Secures $70 Million Financing

Connected vehicle and traffic intelligence company INRIX has secured a $70 million financing round from funds managed by Morgan Stanley Investment Management.  The funding will be used...

Google Is Laying Off Waze Employees

Despite saying there would be no layoffs in December, Google is transitioning its ad business Google GOOG 1.88%↑ is laying off employees at its map company Waze, CNBC reported this week. ...

Intel To Sell Part of Mobileye for $1.5 Billion

Lidar manufacturer's stock has doubled since last year's IPO Intel Corp. INTC 0.00 plans to sell a part of Mobileye Global MBLY 0.00, maker of...

MOST POPULAR



HOT NEWS