Trimble (TRMB)

Risks

• Our financial condition and results of operations have been and may continue to be impacted by the COVID-19 pandemic
• We have experienced disruption in our supply chain as a result of the effects of COVID-19 and related events, and are subject to ongoing supply chain risks, which adversely affect our revenue and results of operations
• We operate globally and are subject to significant risks in many jurisdictions
• If we are unable to effectively integrate, streamline and manage our increasingly diverse and complex businesses and operations, our ability to generate growth and revenue from new or existing customers may be adversely affected
• Changes in our software and subscription businesses may adversely impact our operations and financial results
• We may not be able to enter into or maintain important alliances and distribution relationships
• Investing in and integrating new acquisitions or divesting businesses could be costly, place a significant strain on our management systems and resources, or fail to deliver expected outcomes, which could adversely impact our results of operations
• We face substantial competition in our markets, which could decrease our revenue and growth rates or impair our financial condition and results of operations
• If we are unable to attract and retain qualified personnel, our business, operating results, financial condition, and cash flows could be harmed
• Our products are highly technical and may contain undetected errors, product defects, security vulnerabilities, or software errors
• Our internal and customer-facing systems, and systems of third parties we rely upon, may be subject to cybersecurity breaches, disruptions, or delays
• Some of our products rely on third-party technologies including open-source software, which could result in product incompatibilities or harm availability of our products and services
• We are dependent on proprietary technology, which could result in litigation that could divert significant valuable resources
• We are dependent on the availability and unimpaired use of allocated bands within the radio frequency spectrum; our products may be subject to harmful interference from new or modified spectrum uses
• Many of our products rely on GNSS technology, GPS and other satellite systems, which may become degraded or inoperable and result in lost revenue
• We face risks inherent in conducting business internationally, including compliance with international and U.S. laws and regulations that apply to our international operations
• We are subject to evolving privacy laws in the United States and other jurisdictions that are subject to potentially differing interpretations and which could adversely impact our business and require that we incur substantial costs
• We are subject to the impact of governmental and other certifications processes and regulations, which could adversely affect our products and our business
• Our debt could adversely affect our cash flow and prevent us from fulfilling our financial obligations
• Changes in our effective tax rate may reduce our net income in future periods
• We may be affected by fluctuations in currency exchange rates
• The volatility of our stock price could adversely affect an investment in our common stock
• We have claims and lawsuits against us that may result in adverse outcomes
• Catastrophic events or geopolitical conditions could disrupt our operations
• Future public health crises and epidemics could impact our international operations and sales
• Damage to our reputation could significantly harm our businesses, competitive position, and prospects for growth
• Climate change may have an impact on our business