Garmin Reports Third Quarter Revenue and Earnings Growth; Updates EPS Guidance for 2018
Schaffhausen, October 31st, 2018 – Garmin Ltd. 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