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Garmin Ltd (GRMN.OQ)

GRMN.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Garmin posts Q2 earnings of $0.85/share
7:00am 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

Garmin Ltd reaffirms FY 2015 outlook
Wednesday, 29 Apr 2015 07:03am EDT 

Garmin Ltd:Is maintaining FY 2015 the guidance issued in Feb. of about $2.9 billion of revenue.FY 2015 about $3.10 of pro forma EPS.FY 2015 revenue of $2.9 bln and EPS of $3.24 - Thomson Reuters I/B/E/S.  Full Article

Garmin Ltd Announces Global Brand Partnership with the Wings for Life World Run
Tuesday, 24 Feb 2015 07:00am EST 

Garmin Ltd:Says it's unit Garmin International Inc announces global brand partnership with Wings for Life World Run to find cure for spinal cord injury.Says Wings for Life World Run will be held in 35 locations worldwide on May 3.Proceeds from race go directly to Wings for Life, a not-for-profit spinal cord research foundation.  Full Article

BRIEF-Garmin posts Q2 earnings of $0.85/share

* Garmin reports second quarter revenue and EPS growth; raises guidance