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Garmin Ltd (GRMN.O)

GRMN.O on Nasdaq

52.49USD
18 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Garmin announces verdict in another Navico patent lawsuit
Friday, 8 Sep 2017 04:07pm EDT 

Sept 8 (Reuters) - Garmin Ltd :Garmin announces verdict in another Navico patent lawsuit.Garmin Ltd - ‍jury found that Garmin had "willfully infringed" two Navico "downscan" patents and awarded damages in amount of $38 million​.Garmin Ltd - "‍court awarded judgment in favor of Garmin on a false advertising claim filed by Navico​".Garmin Ltd - ‍jury verdict in patent lawsuit brought by navico has no impact on Garmin's dealers and customers​.Garmin Ltd says "‍disagree" with verdict on patents and will appeal related to Navico patent lawsuit​.  Full Article

Mastercard ‍announces addition of payment capabilities to newly launched Garmin Vívoactive 3​
Thursday, 31 Aug 2017 09:18am EDT 

Aug 31 (Reuters) - Mastercard Inc :Mastercard Inc - ‍announced that it is adding payment capabilities to newly launched Garmin Vívoactive 3.​.  Full Article

Visa Inc says enabled payments on new Garmin vívoactive 3 smartwatch​
Thursday, 31 Aug 2017 07:05am EDT 

Aug 31 (Reuters) - Garmin Ltd :Visa inc - enabled payments on new Garmin vívoactive 3 smartwatch​.  Full Article

Garmin Ltd Q2 EPS $0.91
Wednesday, 2 Aug 2017 07:00am EDT 

Aug 2 (Reuters) - Garmin Ltd :Garmin reports second quarter revenue and earnings growth; raises guidance.Garmin Ltd qtrly total revenue of $817 million, growing 1% over prior year.Garmin Ltd qtrly gaap eps was $0.91 and pro forma eps was $0.88.Garmin Ltd sees fy 2017 revenue about $3.04 billion.Garmin Ltd sees fy 2017 eps (pro forma) about $2.80.  Full Article

Garmin acquires Alphamantis
Thursday, 20 Jul 2017 10:34am EDT 

July 20 (Reuters) - Garmin Ltd :Garmin acquires Alphamantis.Ffinancial terms of acquisition will not be released.​.Majority of associates will be retained and will continue working in Montreal, Canada as part of deal.  Full Article

Garmin says acquires Active Corporation
Thursday, 11 May 2017 11:06am EDT 

May 11 (Reuters) - Garmin Ltd ::Garmin acquires Active Corporation, developer of a leading electronic marine database.Financial terms of acquisition will not be released..Founders and sole employees of ActiveCaptain, Karen and Jeffrey Siegel, will become employees of Garmin International.  Full Article

Garmin announces G5000H upgrade program for Sikorsky S-70 and UH-60 Black Hawk helicopters
Wednesday, 26 Apr 2017 07:00am EDT 

April 26 (Reuters) - Garmin Ltd :garmin® announces g5000h upgrade program for the sikorsky s-70 and uh-60 black hawk helicopters.Garmin ltd - availability of g5000h integrated flight deck upgrade for existing fleet of sikorsky s-70 and uh-60a/l black hawk helicopters.  Full Article

Medtronic syncs Garmin activity tracker data directly into remote patient monitoring mobile platform
Thursday, 13 Apr 2017 09:00am EDT 

Medtronic Plc :Medtronic- Co,Garmin announce integration of Garmin wearable device data into Medtronic Care Management Services' remote patient monitoring platform.  Full Article

Garmin announces expanded feature set for Garmin pilot application on Apple, Android mobile devices
Tuesday, 4 Apr 2017 07:00am EDT 

Garmin Ltd : Garmin International Inc- European IFR Autorouting, flight plan filing & more are available with latest Garmin pilot update for apple mobile devices .Garmin International Inc- announced expanded feature set for Garmin pilot application on apple and android mobile devices.  Full Article

Garmin sees FY 2017 revenue about $3.02 bln
Wednesday, 22 Feb 2017 07:00am EST 

Garmin Ltd : Garmin ltd - expect outdoor to continue to be a growth segment in 2017 . Garmin reports solid fiscal 2016 revenue and operating income growth . Q4 pro forma earnings per share $0.73 . Q4 GAAP earnings per share $0.72 . Sees FY 2017 revenue about $3.02 billion . Garmin Ltd sees 2017 EPS (pro forma) of about $2.65 . Q4 earnings per share view $0.57 -- Thomson Reuters I/B/E/S . Q4 revenue $861 million versus I/B/E/S view $792.9 million . Garmin Ltd sees 2017 gross margin of about 56% .Fy2017 earnings per share view $2.66, revenue view $2.97 billion -- Thomson Reuters I/B/E/S.  Full Article

Apple set to unveil anniversary iPhone in major product launch

CUPERTINO, Calif., Sept 12 A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV.