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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
