Garmin Sets Record Revenue in Q3 2024 With Growth In All Five Segments

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Nov 26, 2024
Garmin's Q3 2024 earnings release highlighted its record revenues, with all five business segments achieving all-time-high revenues. Operating income also surged higher YoY supported by greater operating leverage and premium product mix. Due to its strong quarterly performance, Garmin raised its full-year revenue forecast for 2024.

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Category

Industry

Consumer Electronics

Report Type

Report

Time period

Quarterly

Summary

Published

Nov 26, 2024

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Author

George Lesniak

Research Associate at Counterpoint Research | Specialize in Mobile Handsets and Smartwatches | Business Administration Graduate from CSU | Certified in Market Research and Data Analytics

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