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0 -6.79809653296459E-05 -0.000815771583956523 -0.000543847722637553 -0.00193745751189665 -0.00173351461590752 -0.00122365737593459 -0.000203942895989131
Stock impact report

Garmin (GRMN) Expands Portfolio With New JL Audio Speakers [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
Its portfolio strength remains the key growth driver. GRMN shares have gained 55.9% in the past year, outperforming the industry's rally of 39.2%. The latest introduction of JL Audio Custom Fit speakers is a testament to the same. These mid-range speakers, which are available in two sizes — 2.75 inches and 3.50 inches, are compatible with many popular vehicles as they are designed for easy drop-in installation. The new speakers offer extended high-frequency response and feature DMA-optimized motor systems that help deliver greater linearity and lower distortion. Also, these speakers offer optimal flux density, as they are equipped with neodymium magnets. Hence, Garmin is expected to gain strong traction among various vehicle makers and owners with JL Audio Custom Fit speakers, which offer robust sound quality. Thus, the latest move is likely to benefit Garmin's performance in the automotive market in the days ahead. In fourth-quarter 2023, the company generated sales of Show less Read more
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