Key Developments: Garmin Ltd (GRMN.O)

GRMN.O on Nasdaq

30 Jan 2015
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Latest Key Developments (Source: Significant Developments)

Garmin acquires assets of iKubu, Developer of Backtracker Bike Radar
Wednesday, 14 Jan 2015 08:00am EST 

Garmin Ltd:Acquired the assets of iKubu (Pty) Ltd., a privately-held designer of computer vision and radar systems for the cycling market.  Full Article

Garmin Ltd confirms Dec. 31 dividend payment date
Friday, 31 Oct 2014 09:11am EDT 

Garmin Ltd:Says it has established Dec. 31 as the payment date for the next dividend installment of $0.48 per share with a record date of Dec. 15.  Full Article

Garmin Ltd sees FY 2014 revenue at high end of prior guidance and raises FY 2014 EPS guidance
Wednesday, 29 Oct 2014 07:00am EDT 

Garmin Ltd:Revises FY 2014 guidance.Expects FY 2014 revenues of about $2.85 bln (the high end of prior guidance).Expects FY 2014 pro forma EPS of about $3.10.FY 2014 revenue of $2.815 bln and EPS of $3.07 - Thomson Reuters I/B/E/S.  Full Article

Garmin Ltd confirms Sept. 30 dividend payment
Monday, 8 Sep 2014 03:08pm EDT 

Garmin Ltd:Established Sept. 30, 2014 as the payment date for the next dividend installment of $0.48 per share with a record date of Sept. 15, per the approval previously provided at the 2014 annual shareholders' meeting.  Full Article

Garmin Ltd reaffirms FY 2014 guidance - Conference Call
Wednesday, 3 Sep 2014 11:00am EDT 

Garmin Ltd:Anticipates FY 2014 revenue of between $2.75 billion to $2.85 billion.Guides FY 2014 EPS at $2.95 to $3.05.FY 2014 revenue of $2.81 billion - Thomson Reuters I/B/E/S.  Full Article

Garmin Ltd introduces first Android - based fleet navigators
Wednesday, 20 Aug 2014 07:00am EDT 

Garmin Ltd:Says Garmin International Inc., a unit of Garmin Ltd, announces the fleet 660 and 670, two new fleet navigators that combine the simplicity of Garmin navigation with the unique customization options of Android.With the fleet 660 for local fleets and the fleet 670 for commercial truck fleets, service providers can introduce customized applications and value-added services that meet the unique requirements of their customers.New devices also connect to and control a wide range of external devices over Wi-Fi(reg), Bluetooth(reg), or serial cable.  Full Article

Garmin Ltd raises FY 2014 guidance
Wednesday, 30 Jul 2014 07:00am EDT 

Garmin Ltd:Raising revenue and EPS guidance for FY 2014 to $2.75 - $2.85 billion of revenue and $2.95 - $3.05 of pro forma EPS.FY 2014 revenue of $2.71 billion and EPS of $2.77 - Thomson Reuters I/B/E/S.  Full Article

Garmin Ltd completes acquisition of Fusion Electronics
Monday, 30 Jun 2014 07:00am EDT 

Garmin Ltd:Completes the acquisition of Fusion Electronics Ltd and its subsidiaries.New company will be known as Garmin New Zealand Limited, a wholly owned subsidiary of Garmin Ltd and will operate as "Fusion Entertainment.Financial terms of the acquisition will not be released.  Full Article

Garmin Ltd announces partnership with MyFitnessPal
Thursday, 19 Jun 2014 01:00pm EDT 

Garmin Ltd:Says partnership with MyFitnessPal.By linking their Garmin Connect or Garmin Connect Mobile and MyFitnessPal accounts, vĂ­vofit and Forerunner 15 users can easily view calories burned and consumed.Also can see their net count for the remainder of the day based on calorie goals set in MyFitnessPal.  Full Article

Garmin names Doug Boessen as next CFO
Monday, 2 Jun 2014 07:00am EDT 

Garmin Ltd:Names Doug Boessen as Chief Financial Officer and Treasurer beginning July 31.Boessen will succeed Kevin Rauckman, who has served as CFO and treasurer of Garmin since 1999.  Full Article

UPDATE 2-GoPro sees strong holiday quarter sales; shares jump

* Expects 4th-qtr revenue of $550-$580 mln vs est $505.5 mln

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