Garmin Ltd. (GRMN) Tops Q3 EPS by 24c; Lifts Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. RNG
2. DECK
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. SPY

Go back to Garmin Ltd. (GRMN) Tops Q3 EPS by 24c; Lifts Outlook

Garmin reports third quarter revenue and earnings growth; updates EPS guidance for 2018

October 31, 2018 7:00 AM EDT

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- Garmin Ltd. (Nasdaq: GRMN News) today announced results for the third quarter ended September 29, 2018.

Highlights for the third quarter 2018 include:

Total revenue of $810 million, growing 8% over the prior year, with marine, aviation, fitness and outdoor collectively growing 16% over the prior year quarter and contributing 80% of total revenue Gross margin of 59.4% compared to 58.2% in the prior year quarter Operating margin of 24.2% compared to 23.1% in the prior year quarter Operating income was $196 million, growing 13% over the prior year quarter... More