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Annual event highlights big research milestone and further advances benefits of smartwatch-enabled research OLATHE, Kan. , Sept. 26, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the winners of the 2024 Garmin Health Awards.
Garmin (GRMN) closed the most recent trading day at $173.15, moving -1.51% from the previous trading session.
Dublin, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The "Global Pet Wearable Market 2024-2028" report has been added to ResearchAndMarkets.com's offering. The pet wearable market is forecasted to grow by USD 3.66 billion during 2023-2028, accelerating at a CAGR of 18.57% during the forecast period.
Over the last decade, Garmin has amassed 63 prestigious NMEA honors for product, service and support excellence in the marine industry OLATHE, Kan. , Sept. 24, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized marine electronics manufacturer, has been named Manufacturer of the Year in the large manufacturer category for the 10th consecutive year by members of the National Marine Electronics Association (NMEA®) at its annual conference and awards banquet held Sept.
Garmin has performed well, up 62% in the past year, but faces margin pressure due to higher interest rates and a cost-conscious consumer. Despite headwinds, Garmin's revenue grew double-digits, and EPS increased, showcasing resilience and strong fundamentals, with a solid dividend and debt-free balance sheet. Management anticipates slightly lower gross margins and EPS in 2024, but expects double-digit revenue growth, supported by new product launches and strategic acquisitions.
GRMN is benefiting from growing momentum in the Fitness and Marine segments, fueled by rising demand for innovative and cutting-edge technology.
Garmin (GRMN) closed at $169.87 in the latest trading session, marking a -1% move from the prior day.
Durable and intuitive, this new two-way satellite communicator boasts a battery life that can last for weeks for added peace of mind OLATHE, Kan. , Sept. 18, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the inReach® Messenger Plus , its first satellite communicator with photo and voice messaging in addition to global two-way texting, location sharing and SOS capabilities1.
GRMN's strong momentum in the Fitness division is driving top-line growth. However, stretched valuation keeps investors on the sidelines.
New upgrade options are also available for G5000-equipped Citation Excel and XLS aircraft OLATHE, Kan. , Sept. 17, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it has received certification of the G5000® integrated flight deck for Cessna Citation XLS+ and XLS Gen2 aircraft, building upon the successful G5000 upgrade program for Citation Excel and XLS aircraft.