News Releases: Corporate

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  • 4/5/13 2:51 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its first quarter 2013 earnings conference call that will be broadcast over the Internet on Wednesday, May 1, 2013 at 10:30 a.m. ET, 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 May 1, 2013. What: Garmin Ltd. First Quartermore...
  • 3/14/13 1:42 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN) announced today that it has adopted a Rule 10b5-1 plan (the “Plan”) in connection with the $300 million share repurchase authorization that was approved by the company’s board of directors on February 15, 2013. A plan under Rule 10b5-1 allows a company to repurchase its shares at times when it otherwise might be prevented from doing so under insider trading laws or becausemore...
  • 2/20/13 6:00 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq:GRMN) today announced fourth quarter and full year results for the period ended December 29, 2012. Fourth Quarter 2012 Financial Summary: Total revenue of $769 million, down 16% from $910 million in fourth quarter 2011: Automotive/Mobile segment revenue decreased 25% to $437 million Outdoor segment revenuemore...
  • 12/17/12 6:00 am CST
    Corporate

    Company veteran, Clifton Pemble, named Chief Executive Officer

    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced that effective January 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO, succeeding co-founder, Dr. Min Kao. Pemble, who joined Garmin in 1989 as one of the company’s first engineers, has been serving as president and chief operating officer since October 2007, and has been a member of the Garmin Ltd. board of directors sincemore...
  • 12/6/12 11:33 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it will become a component in the S&P 500 index after the close of trading on Tuesday, December 11. “The S&P 500 index is widely recognized as a bellwether of the American equities market and we are honored to be listed among some of the most recognizable and enduring brands in the world,” said Dr. Min Kaomore...
  • 10/31/12 6:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN - news) today announced results for the fiscal quarter ended September 29, 2012. Third Quarter 2012 Financial Summary: Total revenue of $672 million, up 1% from $667 million in third quarter 2011 Automotive/Mobile segment revenue was flat at $384 million Outdoor segment revenue increased 11% to $105more...
  • 10/4/12 3:00 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its third quarter 2012 earnings conference call that will be broadcast over the Internet on Wednesday, October 31, 2012 at 10:30 a.m. ET, 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 31, 2012. What: Garmin Ltd.more...
  • 8/30/12 7:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced that Dr. Min H. Kao, the company’s co-founder, chairman and CEO, and two family trusts, of which he is a trustee, have each established pre-arranged trading plans to sell a portion of their shares in the company over a designated period. The plans were adopted in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934. Rule 10b5-1 allowsmore...
  • 8/1/12 6:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN - news) today announced results for the fiscal quarter ended June 30, 2012. Second Quarter 2012 Financial Summary: Total revenue of $718 million, up 7% from $674 million in second quarter 2011 Automotive/Mobile segment revenue increased 8% to $392 million Outdoor segment revenue increased 24% to $100more...
  • 7/27/12 8:59 am CDT
    Corporate
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a subsidiary of Garmin Ltd. (NASDAQ: GRMN), announced today that the U.S. International Trade Commission has rejected all of Rambus, Inc.’s patent allegations against Garmin. As a result, the Commission terminated the investigation initiated by Rambus styled In the Matter of Certain Semiconductor Chips and Products Containing Same (Investigation No. 337-TA-753). The notice ofmore...
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