Garmin

Garmin Ltd. is a group of companies that designs, manufactures, markets and sells navigation, communication and information devices and applications, most of which are enabled by GPS technology.

IBBI signs supplier deal with Garmin

Garmin International, a unit of Garmin Ltd., said it was approved as a certified supplier of marine electronics for Independent Boat Builders Inc., a purchasing cooperative of 20 members that build more than 40 boat brands.

Garmin reports 1Q results

Garmin Ltd. reported first-quarter revenue of $585 million, with fitness, outdoor, aviation and marine delivering 63 percent of total revenue and collectively growing 9 percent from the quarter last year.

Garmin reports 4Q, year-end results

Garmin Ltd. today reported fourth-quarter revenue of $803 million and posted an operating loss for the marine segment in the “seasonally weak” quarter.

Garmin reports 3Q results

Garmin’s third-quarter revenue increased 10 percent to $706 million with double-digit growth in four of five reporting segments.

Garmin reports 2Q results

Garmin saw improvements in gross and operating profits, driven largely by fitness and aviation, with total revenue of $778 million for the second quarter.

Garmin names new CFO

Garmin Ltd. named Doug Boessen as its next chief financial officer and treasurer, beginning July 31.

Garmin reports 1Q results

Garmin Ltd. saw revenue grow 19 percent in its marine segment in the first quarter, compared with the quarter a year earlier, and said demand for its new products, including autopilot solutions, chart plotters and radars, has improved.

GNK 20 (left) and GNK 21.

Garmin debuts two new products

Garmin International today announced the GNX 20 and GNX 21, the newest offerings in the company’s marine instrumentation lineup.

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