LATEST NEWS: CORPORATE

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…

Garmin Reports Third Quarter Revenue and Profit Growth; Raises Guidance

November 1, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) today announced results for the third quarter ended September 30, 2017. Highlights for the third quarter 2017 include:

Garmin® acquires Navionics®

October 27, 2017
Featured Releases, Marine, Corporate
Premier supplier of electronic navigational charts for mariners
Garmin Ltd. (NASDAQ: GRMN) today announced that it has acquired Navionics S.p.A., a privately-held worldwide provider of electronic navigational charts and mobile applications for the marine industry. “Navionics has long been known as a leading supplier…

Garmin Ltd. Schedules Its Third Quarter 2017 Earnings Call

October 2, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its third quarter 2017 earnings conference call that will be broadcast over the Internet on Wednesday, November 1, 2017 at 10:30 a.m. ET, with executives of Garmin. The call will be held in…