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Fitness

Outdoor

Aviation

Marine

Auto

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Garmin

Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. It operates through the following segments: Marine, Outdoor, Fitness, Auto OEM, Consumer Auto, and Aviation. The Marine segment manufactures and offers recreational marine electronics such as cartography, Sounders, Radar, Autopilot Systems and Sailing. The Outdoor segment offers products designed for use in outdoor activities such as Outdoor Handhelds, Adventure Watches, Golf Devices, Dog Tracking & Training Device, Garmin Connect & Garmin Connect Mobile, and Connect IQ. The Fitness segment refers to the products designed for use in fitness and activity tracking such as Running & Multi-Sport Watches, Cycling Computers, Power Meters, Safety & Awareness, and Activity Tracking Devices. The Auto OEM and Consumer Auto segments offer products designed for use in the auto market such as Personal Navigation Devices, Original Equipment Manufacturer (OEM) Solutions, and Cameras. The Aviation segment provides solutions to aircraft manufacturers, existing aircraft owners and operators, as well as government/defense customers. The company was founded in 1989 and is headquartered in Schaffhausen, Switzerland.

Earnings data Q1 2021

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Earnings data Q4 2024

Garmin reports mixed 2022 results, eyes growth through innovation

Garmin faced challenges in 2022 due to currency impact and macroeconomic concerns, leading to a decrease in revenue.
Despite challenges, the company showed strengths in certain segments like Outdoor, Aviation, and Auto OEM with positive growth expectations.
Opportunities lie in new product introductions, focusing on specific segments for growth, and strategic partnerships for future revenue streams.
Overall, Garmin aims for revenue growth in 2023, with a focus on innovation and expanding its market presence.

Garmin reports mixed Q1 results with strong segment growth

Garmin's Q1 2023 performance showcased revenue declines in some segments but strong growth in fitness, aviation, and marine, underlining its diversified portfolio.
The company faces challenges in cost management, operational efficiency, and navigating regional issues in Europe, requiring strategic adjustments for sustained success.
Despite challenges, Garmin's strengths in product innovation, market leadership, and financial stability position it well to capitalize on growth opportunities and drive future profitability.
Overall, Garmin's Q1 results reflect a mix of performance, challenges, and opportunities, signaling a need for strategic focus and operational excellence to drive sustained growth and profitability.

Garmin reports strong Q2 earnings, eyes growth in Aviation and Auto OEM

Garmin delivered a solid performance in Q2 2023 with revenue growth, strong margins, and positive EPS growth.
While facing challenges in certain segments, the company's diversified portfolio and low tax rate are key strengths.
Opportunities lie in segments like Aviation and Auto OEM, supported by healthy cash reserves and free cash flow.
Garmin's updated full-year guidance reflects confidence in its ability to navigate challenges and capitalize on growth opportunities.

Garmin reports robust Q3 earnings, eyes growth amid segment diversity

Garmin's Q3 2023 earnings call reflects strong financial performance across key segments, underpinned by revenue growth and profitability.
While facing challenges in the Marine segment, Garmin's diversified product portfolio and strategic partnerships position it well for future growth.
The company's updated guidance, solid cash position, and growth opportunities signal a positive trajectory for Garmin in the coming quarters.

Garmin posts record revenue in 2023, eyes growth opportunities

Garmin's strong financial performance in Q4 2023 and full-year 2023 underscores its resilience and growth potential across key segments.
While facing challenges in certain segments and tax rate increases, Garmin's strategic initiatives and product launches position it well for future growth.
Investors can look forward to increased dividends, share repurchases, and segment-specific growth opportunities in 2024, supported by solid cash reserves.

Garmin excels in Q1 2024 with robust revenue growth and product launches

Garmin's Q1 2024 earnings call highlighted exceptional financial results, strong revenue growth, and successful product launches across all segments. While facing challenges with increased operating expenses and tax rates, the company remains well-positioned with a solid cash position and strong free cash flow generation. Opportunities lie in leveraging new products for continued growth and innovation.

Garmin excels in Q2 2024, eyes AI and segment growth

Garmin's Q2 2024 performance reflects solid revenue growth and operational efficiency, supported by a diverse product portfolio and global recognition as a top employer. While facing challenges in certain segments, the company's strengths in innovation and market leadership position it well for future growth. Leveraging AI and strategic capital allocation will be key to seizing opportunities and sustaining momentum.

Garmin reports stellar Q3 results, acquires Lumishore for marine expansion

Garmin's Q3 2024 earnings call showcased robust financial results, driven by revenue growth, margin expansion, and increased profitability.
The company's strategic acquisition and segment-wise revenue increases highlight its resilience and potential for sustained success.
While facing challenges in certain segments, Garmin's strong performance underscores its ability to capitalize on opportunities and navigate market dynamics effectively.

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inReach devices have provided SOS assistance and peace of mind on seven continents in more than 150 countries OLATHE, Kan. , Oct. 25, 2022 /PRNewswire/ -- Garmin International, Inc., a unit of Garmin Ltd.

Garmin inReach aids in 10,000 incidents thanks to two-way communication and SOS functionality

GPSMAP series first to offer built-in cartography solution that delivers Garmin's best U.S. inland and coastal mapping, access to daily chart updates, new Auto Guidance+ technology and more OLATHE, Kan. , Oct. 25, 2022 /PRNewswire/ -- Garmin International, Inc., a unit of Garmin Ltd.

Garmin Navionics+ marine cartography now available in flagship GPSMAP chartplotter series

Honors include prestigious IBEX Innovation Award, National Boating Industry Safety Award, and recognition as a Most Innovative Marine Company by Soundings Trade Only OLATHE, Kan. , Oct. 25, 2022 /PRNewswire/ -- Garmin International, Inc., a unit of Garmin Ltd.

Garmin receives multiple accolades for advancing innovation and safety in the marine industry

Garmin Health hits key milestone with completion of 500th research study

Garmin GI 275 receives STC for Dassault Aviation's Falcon 7X

Garmin (GRMN) receives imminent European Union Aviation Safety Agency approval for the G5000 integrated flight deck for Cessna Citation Excel and XLS aircraft fleet.

Garmin (GRMN) Boosts Citation Excel/XLS Performance With G5000

Garmin (GRMN) unveils a collection of second-generation MARQ watches to serve users with different outdoor preferences.

Garmin (GRMN) Grows Wearable Portfolio With MARQ Watch Series

Garmin named 2022 Manufacturer of the Year by the National Marine Electronics Association

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced imminent European Union Aviation Safety Agency (EASA) approval of the G5000® flight deck for the Cessna Citation Excel and Citation XLS aircraft. Providing an exceptional experience for European owners and operators, the G5000 integrated avionics suite modernizes the cockpit with additional capabilities, significantly reduces operational costs and increases situational awareness of the

Garmin G5000 integrated flight deck to receive EASA approval for Cessna Citation Excel and Citation XLS aircraft

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced MARQ® – the second generation, a collection of five luxury modern tool watches, MARQ Athlete, MARQ Adventurer, MARQ Golfer, MARQ Captain, and MARQ Aviator, that are uniquely crafted to be an outward expression and trusted companion for pursuits in athletic performance, outdoor adventure, flight and more. Built with Grade-5 titanium and a vibrant AMOLED touchscreen display with domed sa

Garmin unveils the second-generation MARQ collection, five luxury modern tool watches crafted for aspirations on land, sea and air

Garmin has been tossed aside and forgotten, but are investors missing something?

This Top Tech Stock Is Now Yielding a 3.5% a Year Dividend

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Satellite-to-smartphone connectivity in remote locations is suddenly the rage in telecom again, some 23 years after Iridium and ICO Communications fell into bankruptcy. The post Will Satellite-To-Smartphone Services Get Lost In Space This Time?

Will Satellite-To-Smartphone Services Get Lost In Space This Time?

Garmin (GRMN) introduces a communication-focused device named inReach Messenger for two-way texting, location sharing and SOS sending.

Garmin (GRMN) Enhances Outdoor Segment With inReach Messenger

ROME--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced winners of the 2022 Garmin Health Awards at the 4th annual Garmin Health Summit held in Rome on Sept. 29-30. The event recognizes cutting-edge health care and wellness solutions that successfully leverage Garmin technology to provide long-term benefits and improve outcomes for businesses, patients and population health. Three awards for Most Innovative Solutions were granted in the categories

Garmin announces 2022 Garmin Health Awards winners

Garmin is one of the pioneers of GPS tracking devices, having launched one of the first consumer GPS units. Revenue is down after the pandemic boost, will the stock sustain?

Garmin Stock Breakdown: The Evolution Of The GPS Giant

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its third quarter 2022 earnings conference call on Wednesday, October 26, 2022, at 10:30 a.m. EDT, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on October 26, 2022. What: Garmin Ltd. Third Quarter 2022 Earnings Call When: Wednesday, October 26, 2022, at 10:30 a.m. EDT Where: Joi

Garmin Ltd. schedules third quarter 2022 earnings call

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced inReach® Messenger, a new communication-focused device with global two-way texting, location sharing, and SOS capabilities1. Built for those who want a quick and easy way to reach loved ones when they're without cellular coverage, inReach Messenger provides seamless satellite communication either as a standalone device or when paired to the new Garmin Messenger companion app for smart

Garmin inReach Messenger: Easy-to-use satellite communicator provides messaging and security when outside of cellular coverage

The adventure watch category just got more competitive.

With Apple Threatening, Is It Time to Sell Garmin?

Garmin (GRMN) unveils a smart blood pressure monitor named Index BPM to provide an enhanced health tracking experience to users.

Garmin (GRMN) Grows Wearable Portfolio With Index BPM Monitor

Forza X1 Inc

Garmin, the World's Most Recognized Marine Electronics Manufacturer, Joins Forza X1 to Create Enhanced User Experience for FX1 All-Electric Boat FORT PIERCE, FL / ACCESSWIRE / September 21, 2022 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza", the "Company"), a new developer of electric sport boats with a mission to inspire the adoption of sustainable recreational boating, today announced details from its collaboration with Garmin® International ("Garmin") to bring intuitive and interactive technology to the Company's first fully electric boat model, the FX1. Over the past several months, Forza and Garmin have worked together to develop a customized system driven by select Garmin products to prioritize ease of use and customer experience.

Forza X1's Next Level Helm Innovation to Be Powered by Garmin

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), the world's most innovative and recognized marine electronics manufacturer, today announced that several leading marine brands have been incorporated into OneHelm™, Garmin's third-party integration platform. OneHelm simplifies the process of controlling onboard systems through a Garmin multifunction display (MFD), making the boating experience more automated and intuitive at the helm, while also elimi

Garmin adds eight marine companies to its OneHelm roster

Tactical Air Support chooses Garmin's (GRMN) G3000 integrated flight deck for the ARTEMIS contract with the U.S. Department of Defense.

Garmin's (GRMN) G3000 Selection to Boost Aviation Segment

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), the world's most innovative and recognized marine electronics manufacturer, today announced the inReach® Mini 2 Marine Bundle, a satellite communication device with two-way messaging and SOS capabilities1 bundled with a boat-friendly mount that provides quick-and-easy access in a moment's notice. Rugged, compact and purpose-built for life off the grid, the inReach Mini 2 comes packed with features tha

Stay connected for up to 30 days with the inReach Mini 2 Marine Bundle from Garmin

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the selection of the Garmin G3000® integrated flight deck by Tactical Air Support, Inc. (Tactical Air) as part of a contract with the U.S. Department of Defense (DOD) F-5N+/F+ Avionics Reconfiguration and Tactical Enhancement/Modernization for Inventory Standardization (ARTEMIS) program. Tactical Air first selected the Garmin G3000 for their F-5 adversary aircraft training fleet in 201

Garmin G3000 selected for Department of Defense contract to modernize fleet of US Navy and Marine Corps F-5 aircraft

Garmin (GRMN) unveils a watch named the Black Panther, a special edition vivofit jr. 3, to provide an enhanced fitness tracking experience for children.

News for Garmin Stock (GRMN)