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Garmin Ltd (GRMN.O)

GRMN.O on Nasdaq

48.50USD
23 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Garmin International responds to investigation brought by Navico
Monday, 29 Aug 2016 07:00am EDT 

Garmin International Inc: Garmin International responds to modified order by International Trade Commission on Aug. 18, in investigation brought by Navico as against Garmin . Modified itc order did not address Garmin's new tilted downvü scanning sonar transducer design shipping since last Dec. .Status of new tilted transducer design relative to any of Navico's patents is still pending before courts, government agencies.  Full Article

Garmin Ltd - to embark on $200 mln campus expansion
Friday, 26 Aug 2016 09:03am EDT 

Garmin Ltd : To embark on $200 million campus expansion . New facilities support long-term growth initiatives .Breaking ground on a $200 million facility expansion at its Olathe, Kansas campus.  Full Article

Garmin posts Q2 earnings of $0.85/share
Wednesday, 27 Jul 2016 07:00am EDT 

Garmin Ltd: Garmin reports second quarter revenue and EPS growth; raises guidance . Q2 pro forma earnings per share $0.87 . Q2 GAAP earnings per share $0.85 . Q2 earnings per share view $0.67 -- Thomson Reuters I/B/E/S . Sees FY earnings per share about $2.50 . Q2 revenue $812 million versus i/b/e/s view $763 million . Sees anticipate revenue of approximately $2.9 billion for fY . Fy2016 earnings per share view $2.29 -- Thomson Reuters I/B/E/S .Fy2016 revenue view $2.84 billion -- Thomson Reuters I/B/E/S.  Full Article

Garmin introduces D2 bravo Titanium aviator watch
Tuesday, 17 May 2016 07:00am EDT 

Garmin Ltd :Garmin introduces d2 bravo titanium aviator watch; d2 bravo titanium available for a suggested retail price of $899.00.  Full Article

Garmin Ltd gives FY 2016 outlook
Wednesday, 17 Feb 2016 07:00am EST 

Garmin Ltd:Expects FY 2016 revenue of about $2.82 billion as growth in all non-auto segments offsets ongoing declines in the PND market.Forecasts Fy 2016 EPS of about $2.25.Says this includes about $0.05 of negative impact in 2016 due to acquisitions.  Full Article

Garmin Ltd signs purchase agreement to acquire Delorme
Thursday, 11 Feb 2016 07:00am EST 

Garmin Ltd:Garmin signs purchase agreement to acquire Delorme.Says entered into an agreement to acquire substantially all of the assets of Delorme.Says financial terms of the purchase agreement and acquisition will not be released.Will retain most associates of Delorme, will continue operations at its existing location in Yarmouth after completion of deal.  Full Article

Garmin Ltd completes acquisition of PulsedLight
Wednesday, 13 Jan 2016 07:00am EST 

Garmin Ltd:Says financial terms of the acquisition will not be released.Says completed its acquisition of pulsedlight, inc.  Full Article

Garmin Ltd updates FY 2015 revenue guidance and lowers FY 2015 EPS guidance
Wednesday, 28 Oct 2015 07:00am EDT 

Garmin Ltd:Expects FY 2015 revenue of about $2.8 billion, down from the previous guidance of $2.9 billion.Expects FY 2015 pro forma EPS of about $2.25.FY 2015 revenue of $2.8 bln and EPS of $2.37 - Thomson Reuters I/B/E/S.  Full Article

Garmin Ltd reaffirms FY 2015 revenue guidance; lowers FY 2015 EPS guidance
Wednesday, 29 Jul 2015 07:00am EDT 

Garmin Ltd:Says that it continue to anticipate revenues of about $2.9 billion which is unchanged from previous guidance.Sees FY 2015 EPS (Pro Forma) $2.65.  Full Article

Garmin Ltd to appeal ITC judgment
Tuesday, 14 Jul 2015 07:00am EDT 

Garmin Ltd:Says ITC made an initial determination in the investigation brought by Johnson Outdoors against Garmin.Initial determination concluded Garmin's sidevü sonar products were too similar to some claims of 1 of 3 patents asserted by Johnson Outdoors.Says initial determination found no violation with respect to the two other patents.Says disagrees that there is any violation and will seek review by the ITC.Says is developing improvements to its current sidevü sonar products, which will eliminate the configuration at issue in the ITC investigation.Says do not expect ITC ruling to have any impact on Garmin customers or products.  Full Article

BRIEF-Garmin Ltd - to embark on $200 mln campus expansion

* Breaking ground on a $200 million facility expansion at its Olathe, Kansas campus Source text for Eikon: Further company coverage: