GRMN - Why Is Garmin Stock Trading Up Wednesday? | Benzinga
Garmin Ltd (NYSE:GRMN) stock climbed Wednesday after it reported its fourth-quarter results.
The company clocked revenue growth of 13% year-on-year to $1.48 billion, beating the consensus of $1.42 billion.
The GPS navigation and wearable technology company’s proforma EPS of $1.72 beat the consensus of $1.40.
Segments: Revenue from Fitness grew by 22% Y/Y to $412.1 million with growth across all categories led by strong demand for wearables.
Outdoor revenue improved by 8% Y/Y to $486.4 million, with growth across ...