Garmin(GRMN) - 2024 Q3 - Quarterly Results
Garmin(GRMN)2024-10-30 19:00
EXHIBIT 99.1 Garmin announces third quarter 2024 results Company reports record third quarter consolidated revenue and operating income, and raises full year guidance // Schaffhausen, Switzerland / October 30, 2024 / PR Newswire – Garmin ® Ltd. (NYSE: GRMN), today announced results for the third quarter ended September 28, 2024. Highlights for third quarter 2024 include: • Consolidated revenue of $1.59 billion, a 24% increase compared to the prior year quarter • Gross and operating margins expanded to 60.0% ...