Garmin Ltd Q2 FY2020 Earnings Call

Garmin Ltd (GRMN)

Earnings Call FY2020 Q2 Call date: 2020-07-29 Concluded

Quarter scorecard

Revenue

$869.87M

-8.9% YoY

Diluted EPS

$0.96

-17.9% YoY

Gross margin

59.3%

-1.0 pp YoY

Net income

$184.18M

-17.7% YoY

Fitness Segment $294.64M

+17.1%

Outdoor Segment $206.20M

-2%

Marine Segment $157.83M

+4.2%

Aviation Segment $126.14M

-31.4%

Auto Segment $85.06M

-46%