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GARMIN LTD reports $20.2 million Q1 profit

By USInMinutes - May 03, 2023, 03:05 PM ET

Last Updated - Jul 18, 2023, 03:42 PM EDT

GARMIN LTD reports $20.2 million Q1 profit

The company generated $1.15 billion in quarterly revenue

GARMIN LTD [GRMN] has reported fiscal Q1 profit of $20.20 million.

On a per-share basis, the V8 based company said its diluted earnings are $1.05.

The Search, Detection, Navigation, Guidance, Aeronautical & Nautical Systems firm posted revenue of $1.15 billion in this period.

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Latest News by Industry

Technology

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Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers

At 50, Hello Kitty is as 'kawaii' and lucrative as ever

Stock market today: Microsoft, Meta and the burden of expectations knock Wall Street sharply lower

Oil & Gas

Show more

Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

Nine Energy: Q3 Earnings Snapshot

SM Energy: Q3 Earnings Snapshot

Healthcare

Show more

Pediatrix Medical Group: Q3 Earnings Snapshot

Select Medical: Q3 Earnings Snapshot

A national campaign to lessen polarization pushes states to ditch partisan primaries

Manufacturing

Show more

Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry

Stock market today: Amazon leads Wall Street higher

Stock market today: Microsoft, Meta and the burden of expectations knock Wall Street sharply lower

GARMIN LTD reports $20.2 million Q1 profit

The company generated $1.15 billion in quarterly revenue

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GARMIN LTD reports $20.2 million Q1 profit

The company generated $1.15 billion in quarterly revenue

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