LATEST NEWS: CORPORATE

Garmin® Shareholders Approve Quarterly Dividend through March 2017 and Garmin Announces Record and Payment Dates for June 2016 Dividend Installment

June 10, 2016
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 and Johnson Outdoors announce patent litigation settlement

May 6, 2016
Corporate
Garmin International, Inc. and Johnson Outdoors Inc. today announced the companies have reached agreement on a settlement which resolves litigation involving Johnson Outdoors’ patented side scan sonar technology. Today’s announcement follows the International Trade Commission’s (ITC) rulings in the…

Garmin Reports Strong First Quarter 2016 Sales

April 27, 2016
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the first quarter ended March 26, 2016. Highlights in the quarter include:

Garmin Ltd. Schedules Its First Quarter 2016 Earnings Call

April 4, 2016
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its first quarter 2016 earnings conference call that will be broadcast over the Internet on Wednesday, April 27, 2016 at 10:30 a.m. ET, with executives of Garmin. The call will be held in…

Garmin wins class action lawsuit

April 4, 2016
Corporate
Garmin International Inc., a subsidiary of Garmin Ltd. (NASDAQ: GRMN), today announced that it prevailed on summary judgment in a purported class action lawsuit filed in the U.S. District Court for the District of Kansas in Meyers v. Garmin International, Inc. Case No…

Garmin® completes acquisition of DeLorme®

March 3, 2016
Outdoor, Corporate
Garmin Ltd. (NASDAQ: GRMN), announced today that it has completed the acquisition of DeLorme, a privately-held company that designs and markets consumer-based satellite tracking devices with two-way communication and navigational capabilities. “We are…

Garmin Reports Q4 and Fiscal 2015 Results

February 17, 2016
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the fourth quarter ended December 26, 2015. Highlights in the quarter include: Total revenue of $781 million with outdoor, fitness, aviation and marine collectively growing 11%…

Garmin® Signs Purchase Agreement to Acquire DeLorme®

February 11, 2016
Corporate
Innovators in Satellite Communication and Mapping
Garmin Ltd. (NASDAQ: GRMN) today announced that it has entered into an agreement to acquire substantially all of the assets of DeLorme, a privately-held company that designs and markets consumer-based satellite tracking devices with two-way communication and navigational…

Garmin® Completes Acquisition of PulsedLight®, Developer of Optical Distance Measurement Technology

January 13, 2016
Corporate
Garmin Ltd. (NASDAQ: GRMN) today announced that its subsidiary, Garmin International, Inc., has completed its acquisition of PulsedLight, Inc., a privately-held designer of optical distance measurement technology located in Bend, Oregon. The company makes…

Garmin Ltd. Schedules Its Fourth Quarter 2015 Earnings Call

January 6, 2016
Earnings, Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2015 earnings conference call that will be broadcast over the Internet on Wednesday, February 17, 2016 at 10:30 a.m. ET, with executives of Garmin. The call will be held in…