LATEST NEWS: CORPORATE

Garmin® acquires Alphamantis™

July 20, 2017
Sports & Fitness, Corporate
Developer of cycling aerodynamics testing and measurement
Garmin Ltd. (NASDAQ: GRMN), today announced that it has acquired Alphamantis Technologies Inc., a privately held designer of aerodynamics testing and measurement technology for the cycling industry. “Alphamantis is on the leading edge of aerodynamics analysis in…

Garmin Ltd. schedules its second quarter 2017 Earnings Call

July 5, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its second quarter 2017 earnings conference call that will be broadcast over the Internet on Wednesday, August 2, 2017 at 10:30 a.m. ET, with executives of Garmin. The call will be held in…

Garmin® prevails in Navico patent dispute

June 13, 2017
Featured Releases, Marine, Corporate
Navico’s patent claims determined to be invalid by the Federal Circuit
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced today that the Court of Appeals for the Federal Circuit (Federal Circuit) reversed a December 2015 finding by the International Trade Commission (ITC) that Garmin had infringed Navico patents…

Garmin® Shareholders Approve Quarterly Dividend through March 2018 and Garmin Announces Record and Payment Dates for June 2017 Dividend Installment

June 9, 2017
Earnings, Corporate
At Garmin Ltd.’s (NASDAQ:GRMN) 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 $2.04 per share (subject to possible adjustment based on the total amount of…

Garmin® to appeal ITC initial determination

May 26, 2017
Marine, Corporate
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced today that an Administrative Law Judge (ALJ) at the International Trade Commission (ITC) made an initial determination in the enforcement proceeding brought by Navico, Inc. against Garmin. The…

Garmin® acquires Active Corporation, Developer of a leading electronic marine database

May 11, 2017
Marine, Corporate
Garmin Ltd. (NASDAQ: GRMN) today announced that it has acquired Active Corporation, a developer of crowd sourced rich content for boaters, marketed as ActiveCaptain™. ActiveCaptain is a community-based, electronic marine database that contains near real-…

Garmin Reports First Quarter Revenue and Earnings Growth

May 3, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the first quarter ended April 1, 2017. Highlights for the first quarter 2017 include:

Garmin Ltd. schedules its first quarter 2017 earnings call

April 3, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its first quarter 2017 earnings conference call that will be broadcast over the Internet on Wednesday, May 3, 2017 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction…

Garmin Reports Solid Fiscal 2016 Revenue and Operating Income Growth

February 22, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) today announced results for the fiscal-year ended December 31, 2016. Highlights for the fourth quarter 2016 include: Total revenue of $861 million, growing 10% over the prior year, with outdoor, fitness, marine and…

Garmin® expands professional cycling team sponsorships

February 21, 2017
Sports & Fitness, Corporate
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced sponsorship of nine professional cycling teams in 2017, including five world tour teams and four mountain biking teams. Garmin will continue to sponsor the Cannondale-Drapac Pro…