Garmin Ltd.


SKU: GRMN-1 Category:


Garmin Ltd.: Engagement in Strategic Acquisitions and Investments In the Business! 


Garmin Limited reported strong results for its first quarter of 2024, with the conclusion of year 2023 creating a positive upward momentum during this quarter. The consolidated revenue increased by 20% to $1.38bn, marking a new first quarter record. Notably, four segments witnessed double-digit growth with gross and operating margins expanding year-over-year to 58.1% and 21.6% respectively. This led to an operating income of $298mn, up 51% year-over-year and pro forma EPS of $1.42, up 39% over the previous year.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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