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Garmin Reports EPS Growth in 1st Quarter 2014 with Strong Revenue and Margins

Garmin Ltd. announced results for the fiscal quarter ending March 29, 2014.

Total revenue of $583 million in 1st quarter 2014 with outdoor, fitness, aviation and marine delivering 58 percent of total revenues and growing 22 percent over the year ago quarter.

Additionally, we had gross and operating profit margin improvement from the prior year quarter to 57 percent and 21 percent, respectively. Specifically:

  • Outdoor segment revenue increased 10 percent for the quarter
  • Fitness segment revenue increased 38 percent for the quarter
  • Marine segment revenue increased 19 percent for the quarter
  • Aviation segment increased 19 percent for the quarter
  • Automotive/mobile segment revenue decreased 4 percent for the quarter
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Year Quarter News Releases Webcast Files Webcast Audio
2014 1st Quarter News Release SlidesTranscript Listen Now
2013 4th Quarter News Release Slides Transcript Listen Now
2013 3rd Quarter News Release Slides Transcript Listen Now
2013 2nd Quarter News Release Slides Transcript Listen Now
2013 1st Quarter News Release Slides Transcript Listen Now
2012 4th Quarter News Release Slides Transcript Listen Now
2012 3rd Quarter News Release Slides Transcript Listen Now
2012 2nd Quarter News Release Slides Transcript Listen Now
2012 1st Quarter News Release Slides Transcript Listen Now
2011 4th Quarter News Release Slides Transcript Listen Now
2011 3rd Quarter News Release Slides Transcript Listen Now
2011 2nd Quarter News Release Slides Transcript Listen Now
2011 1st Quarter News Release Slides, Outdoor/Fitness Detail Transcript
Year Annual Reports
2013 Annual Report 2013
2012 Annual Report 2012
2011 Annual Report 2011
2010 Annual Report 2010