Garmin Q1 2024 revenue $1.38B (+20% YoY), EPS $1.43, record first-quarter revenue in four segments

GARMIN LTD

2024-Q1 EPS reported $1.43 revenue$1,381,649,000

Consolidated revenue of $1.38B, up 20% YoY; record first-quarter revenue in four segments.
Gross margin expanded to 58.1% (vs 56.9%); operating income $298M, up 51%.
GAAP diluted EPS $1.43 (up 36%); pro forma diluted EPS $1.42 (up 39%).
Segment revenue: Fitness +40%, Auto OEM +58%, Marine +17%, Outdoor +11%, Aviation +2%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.