The Good the Blah and the Ugly from OpCo's Emerging Tech Preview (INVN) (SYNA) (GRMN) (GLW)

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Needham & Company Reiterates Hold on Garmin Ltd. (GRMN) Following Preliminary 3Q Results

October 15, 2015 2:50 PM EDT

Needham & Company reiterated a Hold rating on Garmin Ltd. (NASDAQ: GRMN) following the company's preliminary 3Q15 results. The company expects 3Q15 results of $680MM and $0.51 NG EPS, vs. prior consensus of $705MM and $0.64.

Analyst Richard Valera commented, "On Wednesday night, Garmin pre-announced preliminary... More