Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Garmin’s (GRMN) Q2 2023 financial results
Garmin Ltd. (NASDAQ: GRMN), a leading manufacturer of global positioning systems, reported higher revenues and earnings for the second quarter of 2023.
Total revenues increased 6% annually to $1.32 billion in the June quarter, mainly reflecting strong growth in the Aviation and Fitness segments.
Unadjusted net income was $287.9 million or $1.50 per share in the second quarter, compared to $257.9 million, or $1.33 per share in the year-ago quarter. Pro forma earnings moved up 1% year-over-year to $1.45 per share.
Cliff Pemble, CEO of Garmin, said, “Our recent wearable launches have been well received and we expect continued revenue growth throughout the remainder of the year.”
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion
