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Garmin Ltd (GRMN.O)

GRMN.O on Nasdaq

55.20USD
17 Oct 2017
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Fri, Sep 8 2017

BRIEF-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​

BRIEF-FitPay to power Garmin Pay on Garmin vivoactive 3 smartwatch

* NXT-ID Inc - NXT-ID subsidiary FitPay to power Garmin Pay on Garmin vivoactive 3 smartwatch Source text for Eikon: Further company coverage:

BRIEF-Mastercard ‍announces addition of payment capabilities to newly launched Garmin Vívoactive 3​

* Mastercard Inc - ‍announced that it is adding payment capabilities to newly launched Garmin Vívoactive 3​ Source text for Eikon: Further company coverage:

BRIEF-Nxt-ID ‍subsidiary Fitpay to power Garmin Pay on Garmin Vívoactive 3 smartwatch​

* ‍Subsidiary Fitpay to power Garmin Pay on Garmin Vívoactive 3 smartwatch​ Source text for Eikon: Further company coverage:

BRIEF-Visa Inc says enabled payments on new Garmin vívoactive 3 smartwatch​

* Visa inc - enabled payments on new Garmin vívoactive 3 smartwatch​ Source text for Eikon: Further company coverage:

Garmin beats profit estimates as outdoor device sales soar

GPS-based gadgets maker Garmin Ltd reported a better-than-expected quarterly profit, as robust demand for devices aimed at outdoor enthusiasts helped make up for flagging sales in its automobile products business.

UPDATE 3-Garmin beats profit estimates as outdoor device sales soar

* 2nd-qtr adj profit 88 cents/shr vs est 81 (Adds analyst comment)

BRIEF-Garmin Ltd Q2 EPS $0.91

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

Garmin's quarterly profit rises 6.1 pct

Aug 2Garmin Ltd, a maker of GPS-based gadgets, reported a 6.1 percent rise in quarterly profit on Wednesday, as strong sales of its fitness products more than offset weak demand for navigation products used in automobiles.

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:

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