Brief: Garmin Announces Fourth Quarter And Fiscal Year 2022 Results

Garmin

22/02/2023 13:06

Feb 22 (Reuters) - Garmin Ltd  GRMN.BN :
    * GARMIN ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2022
RESULTS
    * Q4 GAAP EARNINGS PER SHARE $1.53
    * Q4 PRO FORMA EARNINGS PER SHARE $1.35
    * SEES FY PRO FORMA EARNINGS PER SHARE ABOUT $5.15
    * EXPECT FULL YEAR 2023 REVENUE OF APPROXIMATELY $5.00
BILLION
    * QTRLY CONSOLIDATED REVENUE OF $1.31 BILLION, A 6% DECREASE
COMPARED TO PRIOR YEAR QUARTER
    * EXPECT FULL YEAR 2023 REVENUE OF APPROXIMATELY $5.00
BILLION, AN
INCREASE OF APPROXIMATELY 3% OVER 2022
    * WE EXPECT OUR FULL YEAR 2023 PRO FORMA EPS TO BE
APPROXIMATELY
$5.15
    * Q4 EARNINGS PER SHARE VIEW $1.16, REVENUE VIEW $1.30
BILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $5.36, REVENUE VIEW $5.15
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn4V0tzqa 
Further company coverage:  GRMN.BN 
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