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  • 2/22/17 6:00 am CST
    Earnings
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced results for the fiscal-year ended December 31, 2016. Highlights for the fourth quarter 2016 include: Total revenue of $861 million, growing 10% over the prior year, with outdoor, fitness, marine and aviation collectively growing 25% over the prior year quarter and contributing 74% of total revenue Gross margin improved to 54.7% compared to 52.9% in the priormore...
  • 2/22/17 5:59 am CST
    Automotive
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that BMW AG has appointed Garmin as a tier-one supplier of infotainment computing modules for future BMW models. Garmin will be expanding its state-of-the-art automotive OEM manufacturing capability and capacity in order to serve BMW production requirements. “Being selected by BMW AG as a tier-one supplier of OEM infotainment products is a testament to ourmore...
  • 2/21/17 6:00 am CST
    Fitness
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced sponsorship of nine professional cycling teams in 2017, including five world tour teams and four mountain biking teams. Garmin will continue to sponsor the Cannondale-Drapac Pro Cycling Team and the Movistar Team, and welcomes the Astana Pro Team, FDJ Pro Team and Team Dimension Data for Qhubeka this year. Additionally, Garmin will continue its support ofmore...
  • 2/16/17 7:00 am CST
    Marine
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today announced that Yamaha Marine Group has selected the Garmin 7-inch GPSMAP® multi-function display (MFD) platform to power its new CL7TM multi-touch display. As the primary display for Command Link Plus® and Helm Master®, Yamaha’s fully integrated boat control system, the CL7 is fully network capable for NMEA 2000® and the Garmin Marine Network. Full-networkmore...
  • 2/7/17 6:00 am CST
    Aviation

    STC demonstrates EASA’s initiative to economically improve aircraft safety and is available immediately

    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced European Aviation Safety Agency (EASA) approval of the G5 electronic flight instrument for installation in select certified fixed-wing general aviation aircraft in Europe. The G5 electronic flight instrument boasts state-of-the-art reliability and enhanced safety benefits over failure-prone, mechanical gyro-driven instruments as a standalone primary source ofmore...
  • 1/23/17 6:00 am CST
    Fitness
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Approach G30, adding a sleek and compact handheld to its comprehensive lineup of golf GPS devices. The Approach G30 has a 2.3-inch color touchscreen with full course mapping to more than 40,000 courses around the world plus free map updates. With features like Green View and Touch Targeting, users will have the most accurate yardage info, and are able trackmore...
  • 1/16/17 6:00 am CST
    Automotive
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the latest expansion to its RV-dedicated navigator series with the introduction of the new RV 770 LMT-S model. Built specifically for camping enthusiasts, the RV 770 LMT-S offers advanced RV-specific navigation solutions, including free live services1 with real-time traffic updates, basic weather information and more. The new navigator offers a bright edge-to-edge 6more...
  • 1/12/17 11:24 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2016 earnings conference call that will be broadcast over the Internet on Wednesday, February 22, 2017 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 February 22, 2017. What: Garmin Ltd. Fourth Quarter 2016 Earnings Callmore...
  • 1/10/17 2:29 pm CST
    Aviation
    Garmin is pleased to announce expanded pilot training opportunities for 2017 to include additional classes throughout the United States. In addition to scheduled classes for the GTN 650/750 touchscreen navigator series and G500/G600 glass flight display systems, on-demand classes for the G1000, G3000, and G5000 Integrated Flight Decks and supplemental eLearning opportunities are also available. These new training opportunities and locations provide pilots with varying levels of experience amore...
  • 1/10/17 6:00 am CST
    Marine
    OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today announced the addition of 21 professional anglers to its 2017 marine pro team. The new additions will round out the Garmin team of 70 professional bass, walleye, and crappie fishermen who will be representing Garmin in tournament circuits across North America, including the B.A.S.S. Elite Series and FLW Tour. “For the past several years, Garmin has continued tomore...
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