Categories AlphaGraphs, Earnings, Other Industries
GRMN Earnings: Everything you need to know about Garmin’s Q3 results
Garmin Ltd. (NASDAQ: GRMN), a leading manufacturer of global positioning systems, on Wednesday reported a double-digit increase in third-quarter 2023 revenues and earnings.
Total revenues increased 12% annually to $1.28 billion in the September quarter, reflecting strong growth across all the main operating segments.
Unadjusted net income was $257.2 million or $1.34 per share in the third quarter, compared to $210.8 million or $1.09 per share in the year-ago quarter. Pro forma earnings moved up 14% year-over-year to $1.41 per share.
Cliff Pemble, CEO of Garmin, said, “Looking ahead, we are well positioned for the holiday selling season with a strong lineup of innovative products which gives us confidence to raise our outlook for the remainder of the year.”
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
INTU Earnings: Intuit reports higher Q3 revenue and profit; results beat
Financial technology company Intuit Inc. (NASDAQ: INTU) on Thursday reported stronger-than-expected revenue and adjusted earnings for the third quarter of 2025. The Mountain View-headquartered company’s third-quarter revenue was $7.75 billion,
Against a challenging backdrop, Lowe’s (LOW) is focusing on these two pillars of its strategy
Shares of Lowe’s Companies, Inc. (NYSE: LOW) were down over 1% on Thursday. The stock has dropped 8% over the past three months. The company saw sales and earnings decline
Earnings Preview: Can Salesforce regain its growth momentum this year?
Salesforce, Inc. (NYSE: CRM) has constantly innovated its products and services after successfully adopting the SaaS business model years ago. The company's growth has slowed in recent quarters, and its
