Reports Q1 revenue $1.54B, consensus $1.51B. Cliff Pemble, President and Chief Executive Officer: “We delivered another quarter of outstanding financial results which we attribute to our strong lineup of highly differentiated products that customers desire. While recent developments in global trade have created an atmosphere of uncertainty for many companies, we remain optimistic because of the resilience and flexibility our vertically integrated and highly diversified business model offers. We are very pleased with our results so far, and we look forward to the opportunities ahead as the year continues to unfold.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GRMN:
- GRMN Earnings this Week: How Will it Perform?
- Iridium upgraded to Outperform from Market Perform at William Blair
- Garmin price target lowered to $220 from $260 at JPMorgan
- Trump looks at semiconductors, electronics supply chain in tariff investigation
- Garmin price target lowered to $159 from $204 at Morgan Stanley