Garmin Ltd (GRMN) revealed earnings for its second quarter that Increases, from last year
The company's earnings came in at $541.920 million, or $2.80 per share. This compares with $400.822 million, or $2.07 per share, last year.
Excluding items, Garmin Ltd reported adjusted earnings of $543.994 million or $2.81 per share for the period.
The company's revenue for the period rose 11.5% to $2.022 billion from $1.814 billion last year.
Garmin Ltd earnings at a glance (GAAP) :
-Earnings: $541.920 Mln. vs. $400.822 Mln. last year.-EPS: $2.80 vs. $2.07 last year.-Revenue: $2.022 Bln vs. $1.814 Bln last year.
Fiscal Year 2026 Guidance:
We now anticipate revenue of approximately $8.05 billion and pro forma EPS of $10.00 based on gross margin of 59.7%, operating margin of 27.0% and a full year tax rate of 16.5%
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.