Market Overview

UPDATE: Garmin Posts Downbeat Q4 Profit

Share:
Related GRMN
Benzinga's Top Upgrades
JP Morgan Upgrades Garmin To Neutral
Garmin's Q1 Results Were Much Better Than The Market's Reaction Suggests (Seeking Alpha)

Garmin (NASDAQ: GRMN) reported downbeat fourth-quarter profit.

Garmin's quarterly net profit declined to $129.3 million, or $0.66 per share, versus $165.6 million, or $0.85 per share, in the year-ago period.

Excluding items, Garmin earned $0.68 per share, missing analysts' estimates of $0.73 per share.

Garmin shares closed at $39.24 yesterday.

Posted-In: profitEarnings News

 

Related Articles (GRMN)

Around the Web, We're Loving...