Garmin reports second quarter revenue and earnings growth; Raises guidance for 2018

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Garmin Ltd. (GRMN) Tops Q2 EPS by 13c, Updates Guidance

August 1, 2018 7:05 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q2 EPS of $0.99, $0.13 better than the analyst estimate of $0.86. Revenue for the quarter came in at $894 million versus the consensus estimate of $835.01 million.

GUIDANCE:

Garmin Ltd. sees FY2018 EPS of $3.30, versus the consensus of $3.15. Garmin... More