Garmin Ltd Q2 FY2021 Earnings Call

Garmin Ltd (GRMN)

Earnings Call FY2021 Q2 Call date: 2021-07-28 Concluded

Quarter scorecard

Revenue

$1.33B

+52.5% YoY

Diluted EPS

$1.64

+70.8% YoY

Gross margin

58.8%

-0.5 pp YoY

Net income

$317.00M

+72.1% YoY

Fitness Segment $413.20M

+40.2%

Outdoor Segment $323.40M

+56.8%

Marine Segment $261.79M

+65.9%

Aviation Segment $180.83M

+43.4%

Auto Segment $147.68M

+73.6%