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Garmin Reports Strong Revenue and Pro Forma EPS Growth in 2nd Quarter 2014

Garmin Ltd. announced results for the fiscal quarter ending June 28, 2014.

Total revenue of $778 million in 2nd quarter 2014 with fitness and aviation delivering significant growth of 79 percent and 11 percent, respectively.

Additionally, we had gross and operating profit margin improvement from the prior year quarter to 57 percent and 28 percent, respectively. Specifically:

  • Fitness segment revenue increased 79 percent for the quarter
  • Aviation segment increased 11 percent for the quarter
  • Outdoor segment revenue decreased 1 percent for the quarter
  • Marine segment revenue increased 1 percent for the quarter
  • Automotive/mobile segment revenue increased 2 percent for the quarter
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Year Quarter News Releases Webcast Files Webcast Audio
2014 2nd Quarter News Release Slides Listen Now
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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
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2012 2nd Quarter News Release Slides Transcript Listen Now
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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