1. Trimble appointed KPMG as new accounting firm, replacing Ernst & Young. 2. The change is effective as of April 25, 2025. 3. The shift aims to enhance financial oversight for Trimble. 4. Trimble focuses on technology for construction and transportation sectors. 5. KPMG's expertise could improve investor confidence in financial governance.
Changes in auditors may not significantly affect stock price directly. Historical shifts in accounting firms often lead to short-term concerns without lasting market impact.
The appointment affects corporate governance but lacks immediate financial or operational influence.
This audit firm change is administrative; no immediate financial performance implications expected.
/PRNewswire/ -- Trimble Inc. ("the Company") (Nasdaq: TRMB) announced today that the Audit Committee of its Board of Directors has appointed KPMG LLP as the Company's independent registered public accounting firm, effective as of April 25, 2025, and dismissed Ernst & Young LLP as the Company's independent registered public accounting firm, effective as of April 25, 2025.
Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.
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SOURCE Trimble