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What is the financial report for Garmin 2023?

Consolidated revenue of $1.28 billion, a 12% increase compared to the prior year quarter. Record third quarter revenue in four of five segments. Gross margin and operating margin were 57.0%, and 21.2% Operating income was $270 million, a 13% increase compared to the prior year quarter.

What is Garmin Q1 earnings 2023?

Highlights for the first quarter 2023 include: Consolidated revenue of $1.15 billion, a 2% decrease compared to the prior year quarter. Gross margin increased to 56.9%, and operating margin was 17.2%

What is the mission statement of Garmin?

MISSION. To be an enduring company by creating superior products for automotive, aviation, marine, outdoor, and sports that are an essential part of our customers lives.

What is the annual turnover of Garmin?

Garmin had revenue of $5.05B in the twelve months ending September 30, 2023, with 2.16% growth year-over-year. Revenue in the quarter ending September 30, 2023 was $1.28B with 12.02% year-over-year growth. In the year 2022, Garmin had annual revenue of $4.86B, a decrease of -2.46%.

What is Garmin Q1 earnings 2023?

Highlights for the first quarter 2023 include: Consolidated revenue of $1.15 billion, a 2% decrease compared to the prior year quarter. Gross margin increased to 56.9%, and operating margin was 17.2%

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