LATEST NEWS: CORPORATE

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…

Garmin® to Appeal ITC Judgment

December 2, 2015
Marine, Corporate
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that the International Trade Commission (ITC) issued a final determination in the investigation brought by Navico Holdings AS against Garmin. The ITC reversed an earlier decision by an…

Garmin® Confirms December 31 Dividend Payment

December 1, 2015
Corporate
The Garmin Ltd. (NASDAQ:GRMN) board of directors has established December 31, 2015 as the payment date for the next dividend installment of $0.51 per share with a record date of December 15, 2015, per the approval previously provided at the 2015 annual shareholders’…

Garmin® to Appeal ITC Judgment

November 19, 2015
Marine, Corporate
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that the International Trade Commission (ITC) issued a final determination in the investigation brought by Johnson Outdoors, Inc. against Garmin. The ITC concluded that first generation…

Garmin® Continues Global Brand Partnership With the Wings For Life World Run

November 2, 2015
Corporate
OLATHE, Kan./November 2, 2015 -- Garmin International Inc. today announced its continued global brand partnership with the Wings for Life World Run 2016, a running and wheelchair event to raise awareness and funds to find a cure for spinal cord injury. Garmin will once again make a monetary…