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Garmin announces fourth quarter and fiscal year 2022 results

Garmin announces fourth quarter and fiscal year 2022 results

Company reports record full-year revenue for three reportable segments

By AP News
Published - Feb 22, 2023, 07:07 AM ET
Last Updated - Jun 22, 2023, 08:25 PM EDT

SCHAFFHAUSEN, Switzerland, Feb. 22, 2023 /PRNewswire/ -- Garmin® Ltd. (NYSE: GRMN), today announced results for the fourth quarter ended December 31, 2022.

Highlights for fourth quarter 2022 include:

  • Consolidated revenue of $1.31 billion, a 6% decrease compared to the prior year quarter
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