Garmin reports record third quarter operating results; issues fiscal 2020 guidance

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Go back to Garmin reports record third quarter operating results; issues fiscal 2020 guidance

Garmin Ltd. (GRMN) Tops Q3 EPS by 59c; Raises FY Outlook

October 28, 2020 7:04 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q3 EPS of $1.58, $0.59 better than the analyst estimate of $0.99. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $893.58 million.

Demand for active lifestyle products fueled strong revenue growth resulting in record revenue and profits for... More