Garmin reports first quarter revenue and profit growth

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Garmin Ltd. (GRMN) Tops Q1 EPS by 2c; Maintains Outlook

May 1, 2019 7:02 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q1 EPS of $0.73, $0.02 better than the analyst estimate of $0.71. Revenue for the quarter came in at $766 million versus the consensus estimate of $730.97 million.

GUIDANCE:

We are maintaining our 2019 guidance for consolidated revenue of approximately $3.5... More