Garmin Ltd Q1 FY2020 Earnings Call

Garmin Ltd (GRMN)

Earnings Call FY2020 Q1 Call date: 2020-04-29 Concluded

Quarter scorecard

Revenue

$856.11M

+11.8% YoY

Diluted EPS

$0.84

+13.5% YoY

Gross margin

59.2%

+0.2 pp YoY

Net income

$161.18M

+15% YoY

Fitness Segment $223.60M

+24%

Aviation Segment $188.60M

+10.4%

Outdoor Segment $175.10M

+13.7%

Marine Segment $163.00M

+21.7%

Auto Segment $105.80M

-16.7%