GRMN - GPS And Wearable Tech Firm Garmin Raises Annual Outlook Cites Strong Product Lineup and Market Positioning | Benzinga
Garmin Ltd (NYSE: GRMN) reported a third-quarter FY23 revenue growth of 12% year-on-year to $1.28 billion, beating the consensus of $1.21 billion.
The GPS navigation and wearable technology company’s proforma EPS of $1.41 beat the consensus of $1.29.
Revenue from Fitness grew by 26% Y/Y to $352.98 million, Outdoor improved by 7% Y/Y to $434 million, Aviation improved by 5% Y/Y to ...