EXHIBIT 99.1 Garmin announces first quarter 2024 results Company reports record first quarter revenue and operating income Schaffhausen, Switzerland / May 1, 2024 / PR Newswire – Garmin® Ltd. (NYSE: GRMN), today announced results for the first quarter ended March 30, 2024. Highlights for first quarter 2024 include: • Consolidated revenue of $1.38 billion, a 20% increase compared to the prior year quarter • Achieved record first quarter revenue in four segments • Gross margin and operating margins expanded t ...