Q3 a mixed bag for Garmin

Gasrmin CEO Cliff Pemble

Margin expansion offset by negative impacts of high US dollar

Kansas, US-based electronics manufacturer Garmin Inc reported a bit of a mixed bag in its 2022 third-quarter financial results on Wednesday, as promising margin gains were offset by lower revenues and disappointing impacts from a particularly strong US dollar.

To continue reading, click now to try our £4 for 4-week trial offer for IBI Plus, providing immediate access to all our Premium Content…

 
Subscribe to IBI Plus
Subscribe to unlock this article

Keep reading for
£1 a week

Subscribe to IBI Plus


Subscribe today for just £1
and enjoy unlimited access to
every article and story at ibinews.com and in the daily newsletter


With IBI Plus, you’ll enjoy:

  • +Unrestricted access to all subscriber-only content
  • +Explore 50,000+ archived articles and stories
  • +Tap into 50+ years of global boating insight
  • +Access exclusive market and company data to find out where your business stands
  • +Read sector and country reports across established and emerging markets

SUBSCRIBE Just £1 a week

There’s no commitment, you can cancel any time.

Already a subscriber? Log in