LATEST NEWS: CORPORATE

Garmin® shareholders approve quarterly dividend through March 2019 and Garmin announces record dates and payment dates for June 2018 dividend installment

June 8, 2018
Earnings, Corporate
At Garmin Ltd.’s annual shareholders’ meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $2.12 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35…

Garmin reports record first quarter revenue and double-digit earnings growth

May 2, 2018
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) today announced results for the first quarter ended March 31, 2018. Highlights for the first quarter 2018 include:

Garmin® Ltd. schedules its first quarter 2018 earnings call

March 29, 2018
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its first quarter 2018 earnings conference call that will be broadcast over the Internet on Wednesday, May 2, 2018 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction…

Garmin Executive Chairman Adopts Rule 10b5-1 Stock Disposition Plan

March 2, 2018
Corporate
Garmin Ltd. (Nasdaq: GRMN) today announced that Dr. Min H. Kao, the company’s co-founder and Executive Chairman, has established a pre-arranged trading plan to sell a portion of his shares in the company over a designated period. The plan was adopted in accordance with…

Garmin Reports Solid Fiscal 2017 Revenue and Operating Income Growth; Proposes Dividend Increase

February 21, 2018
Earnings, Featured Releases, Corporate
Garmin Ltd. (Nasdaq: GRMN) today announced results for the fourth quarter and fiscal year ended December 30, 2017. Highlights for the fourth quarter 2017 include: Total revenue of $888 million, growing 3% over the prior year quarter, with…

Garmin® acquires Trigentic

February 20, 2018
Automotive, Marine, Corporate
Supplier of digital switching components for boats and recreational vehicles
Garmin Ltd. (NASDAQ: GRMN), today announced that it has acquired Trigentic AB, a privately-held provider of intelligent products, solutions and services in the areas of embedded systems, power supply and power distribution for the marine and recreational vehicle (…

Garmin® and Navico resolve patent disputes

February 7, 2018
Marine, Corporate
Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN) and Navico, parent company to the Lowrance®, Simrad® and B&G® brands, today announced that they have ended a three-year-long dispute relating to sonar and auto guidance patents. The agreement includes a…

Garmin wins optical heart rate IP dispute

January 22, 2018
Corporate
Garmin (Europe) Limited, a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that it has prevailed in an intellectual property dispute regarding Garmin’s Elevate™ wrist-based heart rate monitoring technology. The UK High Court of Justice ruled that Garmin’s technology…

Garmin Ltd. schedules its fourth quarter 2017 earnings call

January 17, 2018
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2017 earnings conference call that will be broadcast over the Internet on Wednesday, February 21, 2018 at 10:30 a.m. ET, with executives of Garmin. The call will be held in…

Garmin® confirms December 29 dividend payment

December 1, 2017
Earnings, Corporate
The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 29, 2017 as the payment date for the next dividend installment of $0.51 per share with a record date of December 15, 2017. At the 2017 annual shareholders’ meeting, Garmin shareholders, in…