Company Financials

Garmin: record Q3 revenues top $1.19bn

> , By 2021-10-27T15:34:00

Garmin_SurroundView_02-copy

Marine segment sales up 25% to $207.5m, earning $54m in operating income

A strong performance from its marine segment helped propel Garmin’s third-quarter revenues to a record US$1.19bn, marking a 7% year-over-year increase over the strong Covid-recovery revenues reported in the third quarter of 2020.

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