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Technology | Scientific & Technical Instruments | Switzerland
Navigation Device Maker Garmin Spikes on Strong Earnings, Outlook, Dividend Bump

Garmin gives investors three reasons to cheer Wednesday

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Garmin posted earnings of $1 a share for the fourth quarter, handily beating expectations of 80 cents. The EPS number represents a 33% increase from the fourth of 2017. Revenue was $932 million, also easily beating analysts' expectations of $891 million.

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Garmin guided for full-year 2019 EPS of $3.70 on revenue of $3.5 billion. Analysts were expecting earnings of $3.52 a share on revenue of $3.43 billion. 

The company also increased its yearly dividend to $2.28 a share, or 57 cents per quarter. 

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https://www.thestreet.com/markets/garmin...yptr=yahoo

GRMN +15,6% aktuell

Hat die jemand? Geht ja ab:

https://ch.marketscreener.com/GARMIN-LTD-4933/charts/


 Aktueller Kurs 99.67$

Firmensitz Schweiz, aber an der Nasdaq kotiert, an der SIX nicht.

Lg X.

Ist kein ESG Wert. Sorry. Daher investiere ich nicht.

aehm, das sind 99% der werte nicht...von daher...

Garmin announces second quarter 2022 results

Schaffhausen, Switzerland / July 27, 2022/ Business Wire – Garmin® Ltd. (NYSE: GRMN), today announced
results for the second quarter ended June 25, 2022.

Highlights for second quarter 2022 include:
Consolidated revenue of $1.24 billion, a 6% decrease compared to the strong, pandemic-driven prior
year quarter
The year-over-year strengthening of the U.S. Dollar relative to other major currencies unfavorably
impacted consolidated revenue by approximately $57 million
Gross and operating margins were 58.7% and 23.6%, respectively
Operating income of $293 million, a 21% decrease compared to the prior year quarter
GAAP EPS was $1.33 and pro forma EPS(1) was $1.44
Celebrated a milestone of more than 25,000 integrated flight deck deliveries
Launched the Forerunner 955 Solar and Edge 1040 Solar, our first fitness devices with integrated solar
charging capability
Entered a new product category with the launch of our dēzl headset for professional truck drivers
Garmin auto OEM

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