Garmin ® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced it was named a Supplier of the Year for the seventh consecutive year by Embraer at its annual Suppliers Conference held virtually on Dec. 2. Garmin was recognized as the best supplier in the Electric and Electronic Systems category for its G3000 ® Prodigy Touch flight deck systems in the Phenom 100EV and Phenom 300E. “On behalf of our entire team, we thank Embraer for their strong collaboration and recognition...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that Popular Science , one of America’s oldest and most trusted magazine brands with a legacy of reporting on groundbreaking innovations, recognized its Descent ® Mk2i watch-style dive computer and Descent T1 transmitter with a 2021 Best of What’s New Award in the Sports and Outdoor category. Developed by Garmin, SubWave sonar-based communication creates revolutionary air integration and underwater data...
The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 31, 2021 as the payment date for the next dividend installment of $0.67 per share with a record date of December 15, 2021. At the 2021 annual shareholders’ meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.68 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35% relative to the USD), payable in four equal...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced a multiyear agreement to become the Official Equipment Supplier of the top-ranked University of New Mexico track and field and cross-country teams through the spring 2024 season. “The University of New Mexico is home to highly accomplished track and field and cross-country runners from around the world, and we are thrilled to welcome these college athletes to the Garmin family,” said Susan Lyman, Garmin vice...
Garmin® Ltd. (NASDAQ: GRMN) today announced that it will transfer the listing of its shares from the Nasdaq National Market to the New York Stock Exchange (“NYSE”). Garmin expects to commence trading as a NYSE-listed company at market open on December 7, 2021 under its ticker symbol “GRMN.” Garmin will continue to trade its shares on the Nasdaq until the market close on December 6, 2021. “Garmin is pleased to join the NYSE alongside many of the world’s most well-established and...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the world’s largest 1 and most innovative marine electronics manufacturer, today announced that its Surround View Camera System , the marine industry’s first intelligent camera system to offer a live 360-degree birds-eye view of a vessel, was selected as a category winner in the 2021 DAME Design Awards. Surround View received top honors in the ‘Marine Electronics and Marine Related Software’ category at this year’s...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced it has signed a two-year deal to become the title sponsor of the Garmin RunningLane Cross Country Championships, beginning with this year’s event in Huntsville, Alabama, on December 4, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211102005142/en/ Garmin signs multiyear deal to sponsor RunningLane Cross Country Championships (Graphic:...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced winners of its 2021 Garmin Health Awards at the Garmin Health Summit in Lisbon. Three winners were presented with Garmin Health’s “Most Innovative Solutions” award for successfully leveraging the power of Garmin wearable technology into health or wellness programs in the categories of Health Care, Insurance and Engagement. Winners received 50 Venu ® Sq Garmin smartwatches, and all finalists were...
Garmin ® Ltd. (NASDAQ: GRMN), today announced results for the third quarter ended September 25, 2021. Highlights for third quarter 2021 include: Total revenue of $1.19 billion, a 7% increase over the prior year quarter Gross and operating margin were 58.4% and 23.7%, respectively Operating income of $283 million, an 11% decrease compared to the prior year quarter GAAP EPS was $1.34 and pro forma EPS (1) was $1.41 Named Manufacturer of the Year by the National Marine Electronics Association for...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the world’s largest 1 and most innovative marine electronics manufacturer, today announced the GPSMAP ® 79 marine handheld series designed to equip mariners with a suite of essential, easy-to-use onboard navigation tools from the palm of their hand. Building on the legacy of the GPSMAP 78 series, the GPSMAP 79 series introduces an all-new design with modern display features and optional built-in BlueChart ® g3 coastal...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world’s largest 1 and most innovative marine electronics manufacturer, today announced the GMR Fantom™ 18x and GMR Fantom 24x solid state dome radars, offering 50 watts of output power for long range and better target detection on the water, even at high speeds. Equipped with Garmin’s signature MotionScope ™ technology, the new high-powered Fantom 18x/24x radomes can detect and highlight moving targets in different...
Garmin ® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Garmin DriveSmart™ 66 , 76 , and 86 series – a fresh lineup of portable car GPS navigators designed to bring a new level of simplicity and freedom to drivers. The Garmin DriveSmart series revs onto the scene with crisp 6, 7 or 8-inch high-definition displays allowing drivers to clearly find the best route. What’s more, the 8-inch display model can be easily mounted in both landscape or portrait mode to...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today introduced the Dexcom Connect IQ apps , providing people with Type 1 and Type 2 diabetes who use the Dexcom ® G6 Continuous Glucose Monitor (CGM) System 1 with a way to quickly see their glucose levels and trends – even while working out – right on their compatible Garmin smartwatch or cycling computer. 2 The apps can be downloaded now from the Connect IQ™ store. This press release features multimedia. View the...
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its third quarter 2021 earnings conference call that will be broadcast over the Internet on Wednesday, October 27, 2021 at 10:30 a.m. EDT, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on October 27, 2021. What: Garmin Ltd. Third Quarter 2021 Earnings Call When: Wednesday, October 27, 2021 at 10:30 a.m. EDT Where:...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that expanded engine monitoring capability will be available for select Pilatus PC-12/45 and PC-12/47 aircraft with the addition of the TXi Engine Indication System (EIS) display. This upgrade offers PC-12 owners and operators a fully modernized, complete Garmin cockpit retrofit solution that includes the GFC ™ 600 autopilot , G600 TXi primary flight display , GTN ™ Xi navigators , GTX ™ ADS-B transponders...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that 10% of the ever-popular Cessna Citation Excel and XLS business jet fleet has now been retrofitted with Garmin’s G5000 ® integrated flight deck upgrade. The G5000 integrated avionics suite modernizes the cockpit with additional capabilities, significantly reduces operational costs, increases situational awareness of the flight crew and solves long-term concerns related to legacy avionics parts...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced it will host its Garmin Developer Virtual Conference (GDVC) on Oct. 13, 2021 in an all-online format for the second year in a row. The free global event is designed to offer current and future Garmin developers from all over the world an in-depth look into the latest Connect IQ™, Garmin Connect™ and ANT ® updates, features and programs—while offering exclusive insights into sport, fitness and outdoor technology...
Garmin ® International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world’s largest 1 and most innovative marine electronics manufacturer, today announced that it was named Manufacturer of the Year for the seventh consecutive year by members of the National Marine Electronics Association (NMEA) at its annual business meeting and awards banquet held Sept. 23 in Orlando, Fla. The coveted Manufacturer of the Year honor is given to the most recognized company in the marine electronics industry...
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Adventure Racing sport profile, a new activity profile that allows participants to track vital information and utilize their Enduro ™ ultraperformance multisport watch, while adhering to the rules and regulations of Adventure Racing competitions, making it the first GPS-enabled watch that is Adventure Race authorized. The new Adventure Racing sports activity is now available through a free software update....
Garmin ® International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world’s largest 1 and most innovative marine electronics manufacturer, today announced the Garmin Surround View Camera System , a breakthrough in video guidance for recreational boating and yachting. Utilizing six through-hull mounted cameras that act like multiple sets of eyes, Surround View provides a live 360-degree bird’s-eye view around the vessel to help captains quickly view their vessel’s perimeter during...
