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Stock impact report

Garmin announces first quarter 2024 results [Yahoo! Finance]

Garmin Ltd. (GRMN) 
Last garmin ltd. earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: garmin.com/en-us/company/investors
Company Research Source: Yahoo! Finance
Highlights for first quarter 2024 include: Consolidated revenue of $1.38 billion , a 20% increase compared to the prior year quarter Achieved record first quarter revenue in four segments Gross margin and operating margins expanded to 58.1% and 21.6%, respectively, compared to the prior year quarter Operating income of $298 million , a 51% increase compared to the prior year quarter GAAP EPS of and pro forma EPS of , representing 39% growth in pro forma EPS over the prior year quarter Named 2024 Supplier of the Year by Independent Boat Builders, Inc. Published our 2023 Garmin inReach ® SOS Year in Review, highlighting the important role served by inReach devices in remote communications and emergency response coordination around the globe (In thousands, except per share information) 13-Weeks Ended March 30, April 1, YoY Change Net sales 20 % Fitness 40 % Outdoor 11 % Aviation 2 % Marine 17 % Auto OEM 58 % Gross margin % Operating Show less Read more
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