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Garmin Ltd (GRMN.O)

GRMN.O on Nasdaq

51.59USD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

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

Garmin posts Q3 earnings of $0.66/share
Wednesday, 26 Oct 2016 07:00am EDT 

Garmin Ltd: Garmin reports third quarter revenue and EPS growth; raises guidance . Q3 pro forma earnings per share $0.75 . Q3 GAAP earnings per share $0.66 . Q3 revenue $722 million versus I/B/E/S view $680.3 million . Q3 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Garmin sees 2016 revenue of approximately $2.95 billion . Garmin sees 2016 full year pro forma EPS will be approximately $2.65 based on gross margin of approximately 55% .Fy2016 earnings per share view $2.52, revenue view $2.91 billion -- Thomson Reuters I/B/E/S.  Full Article

Garmin Co has completed acquisition of Iiyonet Inc
Friday, 30 Sep 2016 07:00am EDT 

Garmin Ltd : Co has completed acquisition of Iiyonet Inc .Terms of acquisition were not disclosed.  Full Article

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

BRIEF-Garmin acquires Alphamantis

* Majority of associates will be retained and will continue working in Montreal, Canada as part of deal Source text for Eikon: Further company coverage: