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
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
