Garmin Surpasses Q4 Revenue Forecast

Garmin delivered a strong fourth-quarter performance with significant revenue and profit growth, surpassing market expectations.Garmin (GRMN 11.04%), known for its leadership in GPS technology across varied segments like fitness, outdoor, aviation, marine, and automotive, released its fourth-quarter 2024 earnings on Feb. 19. The results certainly turned heads, with Garmin posting revenue of $1.82 billion compared to the expected$1.70 billion. This signifies a notable 23% increase year-on-year. The Pro Form ...