In its full year 2023 earnings, Trimble reported $508.2 million in ag revenue and $146.1 million in fourth quarter ag revenue. This made Trimble’s ag revenue 13.4% of its 2023 full year revenue, which came in at $3.8 billion. Trimble broke down its most recent earnings with and without its ag business, which will ultimately be operated within the joint venture it announced with AGCO in September 2023.
Without the impact of its ag business…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
