News Releases: Corporate

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  • 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...
  • 7/9/12 10:52 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its second quarter 2012 earnings conference call that will be broadcast over the Internet on Wednesday, August 1, 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 August 1, 2012. What: Garmin Ltd. Secondmore...
  • 6/1/12 2:42 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--At Garmin Ltd.’s (NASDAQ: GRMN) annual shareholders’ meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $1.80 per share (subject to possible adjustment based on the total amount of the dividend in Swiss Francs as approved at the annual meeting). The dividend is payable in four installments with $1.35 payable in themore...
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