LATEST NEWS: CORPORATE

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…

Garmin Ltd. Schedules Its Fourth Quarter 2016 Earnings Call

January 12, 2017
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2016 earnings conference call that will be broadcast over the Internet on Wednesday, February 22, 2017 at 10:30 a.m. ET, with executives of Garmin. The call will be held in…

Garmin® Extends Share Repurchase Program and Adopts Rule 10b5-1 Plan

December 14, 2016
Corporate
The Garmin Ltd. (GRMN) board of directors authorized an extension through December 31, 2017 of its current $300 million Share Repurchase Program. There is currently $80.4 million remaining for share repurchases under this current $300 million Share Repurchase Program…

Garmin® Confirms December 30 Dividend Payment

December 1, 2016
Corporate
The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 30, 2016 as the payment date for the next dividend installment of $0.51 per share with a record date of December 14, 2016, per the approval previously provided at the 2016 annual shareholders’…

Garmin Reports Third Quarter Revenue and EPS Growth; Raises Guidance

October 26, 2016
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the third quarter ended September 24, 2016. Highlights for the third quarter 2016 include: