Garmin soars to an 11-year high after its full-year guidance crushes expectations (GRMN)
Business Insider -

Garmin beat on both the top and bottom lines.

The company also forecast full-year revenues and profits above Wall Street expectations.

Shares gained 15% following the results.

Watch Garmin trade live.

Garmin, a maker of fitness and navigation devices, on Wednesday posted strong fourth-quarter results and forecast full-year revenues and profits above Wall Street estimates, sending shares soaring by 15% to their highest level since 2008.

The company reported adjusted earnings of $1.02 a share —...

Read this story at

Loading...

Related Articles