LATEST NEWS: CORPORATE

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…

Garmin announces verdict in another Navico patent lawsuit

September 8, 2017
Marine, Corporate
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced today that a jury verdict was reached in a patent lawsuit brought by Navico against Garmin in the Eastern District of Texas. The jury found that Garmin had willfully infringed two Navico “downscan…

Garmin® Confirms September 29 Dividend Payment

September 1, 2017
Earnings, Corporate
The Garmin Ltd. (NASDAQ: GRMN) board of directors has established September 29, 2017 as the payment date for the next dividend installment of $0.51 per share with a record date of September 14, 2017. At the 2017 annual shareholders’ meeting, Garmin shareholders, in…

Garmin reports second quarter revenue and earnings growth; raises guidance

August 2, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) today announced results for the second quarter ended July 1, 2017. Highlights for the second quarter 2017 include:

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…