Garmin reports record second quarter revenue and profits; raises guidance
Garmin Ltd. (GRMN)
Last garmin ltd. earnings: 4/29 07:00 am
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US:NASDAQ Investor Relations:
garmin.com/en-us/company/investors
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Source: Business Wire
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the second quarter ended June 29, 2019.Highlights for the second quarter 2019 include:Record second quarter revenue of $955 million, a 7% increase, with aviation, marine, fitness and outdoor collectively increasing 12% over the prior year quarterGross margin of 60.3% compared to 58.5% in the prior year quarterOperating margin of 26.8% compared to 24.3% in the prior year quarterOperating income of $256 million, increasing 18% over the prior year quarterGAAP diluted EPS was $1.17 and pro forma diluted EPS(1) was $1.16, increasing 17% over the prior year quarterAviation segment continues to capitalize on the ADS-B opportunity with strong unit market shareRecently announced the innovative ForceTM trolling motor and won Best of Show at ICAST, the world’s largest sportfishing trade showLaunched the refreshed line of Forerunner® running watches, providing both smartwatch features and
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GRMN
News
- Garmin (NYSE:GRMN) was upgraded by analysts at Longbow Research from a "neutral" rating to a "buy" rating.MarketBeat
- Year in review: Garmin releases 2025 Garmin Connect Data ReportPR Newswire
- Built for the backcountry: Garmin introduces inReach Mini 3 Plus satellite communicator with voice, text and photo sharingPR Newswire
- Garmin G5000H selected for Brazilian Air Force UH-60 Black Hawk helicoptersPR Newswire
- Garmin OnBoard System wins 2025 DAME Design AwardPR Newswire
GRMN
Earnings
- 10/29/25 - Beat
GRMN
Sec Filings
- 12/4/25 - Form 4
- 12/1/25 - Form 4
- 11/17/25 - Form 4
- GRMN's page on the SEC website