Welcome to our dedicated page for Garmin news (Ticker: GRMN), a resource for investors and traders seeking the latest updates and insights on Garmin stock.
Garmin Ltd. (NYSE: GRMN) regularly issues news covering its GPS-enabled devices, software platforms and technology solutions across fitness, outdoor, automotive, aviation and marine markets. As a Swiss-incorporated manufacturer with principal subsidiaries in the United States, Taiwan and the United Kingdom, Garmin uses press releases to highlight new products, platform updates, collaborations and financial communications.
Recent announcements illustrate the range of Garmin’s news. In fitness and health, the company has introduced nutrition tracking within the Garmin Connect app and Garmin Connect+ plan, allowing users to log calories and macronutrients, access a global food database, use AI-powered food recognition and receive Active Intelligence insights that relate nutrition to sleep, training and overall wellbeing. Annual Garmin Connect Data Reports summarize global activity and health trends drawn from the Garmin user community.
In outdoor and marine categories, Garmin news includes launches such as the inReach Mini 3 Plus satellite communicator for backcountry connectivity and safety, and JL Audio AP Amplifiers designed for boats and off-road vehicles with rugged construction and IP67 water and dust resistance. For mariners, Garmin has also announced nautical smartwatches like the quatix 8 Pro, which combine marine-focused features with satellite and cellular connectivity where available.
Garmin’s aviation and automotive OEM updates feature integrated flight decks like the G5000H for helicopter upgrades, as well as automotive platforms such as Unified Cabin and the Nexus high-performance compute platform developed with Qualcomm Technologies. These releases describe capabilities ranging from synthetic vision and terrain awareness in cockpits to AI/LLM-based virtual assistants, digital keys and multi-domain computing in vehicles.
Investors can also find news about upcoming earnings conference calls and quarterly results, which are referenced in Form 8-K filings and associated press releases. For anyone following GRMN, this news feed offers a centralized view of product introductions, technology demonstrations, partnerships and corporate updates.
Garmin Ltd. (NYSE: GRMN) has launched the Tread® Audio System, featuring customizable LED speakers designed for off-road vehicles. This all-in-one audio solution offers AM/FM, AUX, and Bluetooth connectivity, alongside an IP67 water rating for durability. It includes a wireless remote and enhances adventures with synchronized LED lighting. The system is available for $1,199.99, while separate components can be purchased, including the audio box for $599.99 and additional XS-LED speakers for the same price.
Garmin Ltd. (NYSE: GRMN) reported second quarter 2022 revenue of $1.24 billion, a 6% drop year-over-year, impacted by a strong U.S. Dollar and reduced fitness segment sales. Operating income fell 21% to $293 million, with GAAP EPS at $1.33, down 19%. Despite declines in fitness and marine sectors, aviation and outdoor segments saw growth. Garmin launched new products including the Forerunner 955 Solar and expanded its market presence with a new headset for truck drivers. The company now expects full-year revenue of around $5 billion.
Garmin Ltd. (NYSE: GRMN) has become the official technology sponsor of the Bowerman Track Club through 2023. This partnership will support world-class athletes using Garmin's advanced Forerunner GPS running smartwatches for training and competition. Athletes will utilize devices like the Forerunner 255 and Forerunner 955 Solar, which offer extensive performance metrics, battery life, and coaching tools.
Garmin has launched the HRM-Pro™ Plus, a premium heart rate strap designed for athletes. It now tracks pace and distance during indoor workouts, alongside real-time heart rate and running dynamics. The device connects via ANT+ and Bluetooth, transmitting data to Garmin smartwatches and other compatible devices. The HRM-Pro Plus features a replaceable battery lasting up to one year and retails for $129.99. This innovation aims to enhance performance metrics for runners and athletes, aiding them in achieving their fitness goals.
Garmin has launched the Edge Explore 2 series of GPS cycling computers, featuring extended battery life of up to 24 hours and new eBike functionalities. The Edge Power Mount allows eBike riders to charge their device during rides. The series offers preloaded maps, turn-by-turn navigation, and safety features such as incident detection. Available now, the Edge Explore 2 retails for
Garmin Ltd. (NYSE:GRMN) has launched the LiveScope™ XR, an innovative live-scanning sonar transducer, enhancing fishing experiences with a live sonar range of up to 500’ in freshwater and 350’ in saltwater. This new technology offers real-time high-resolution images of aquatic life and structures over 200% more range than competitors. The system features multiple viewing angles and advanced sensor adjustments for stability in rough waters. LiveScope XR is priced at $2999.99 and is compatible with various Garmin chartplotters.
Garmin Ltd. (NYSE: GRMN) has launched the LiveScope Plus Ice Fishing Bundle LI, enhancing the ice fishing experience with advanced live-scanning sonar technology. This bundle boasts a 35% improvement in target separation and up to 65% more battery life thanks to its lightweight lithium battery. The device supports dual modes for real-time imaging up to 200 feet and features a touchscreen ECHOMAP UHD 93sv with preloaded LakeVü g3 maps. With a suggested retail price of
Garmin Ltd. (NYSE: GRMN) invites investors to its second quarter 2022 earnings call on July 27, 2022, at 10:30 a.m. EDT. The earnings release will precede market open on the same day. Participants can join via a live webcast or phone call, with registration required for dial-in access. This call marks an important opportunity for stakeholders to gain insights into Garmin's financial performance. An archive of the webcast will be available until July 26, 2023.
Garmin Ltd. (NYSE: GRMN) unveils the Signature Series 3i marine speakers from its Fusion brand, featuring new grille colors, water-resistant connectors, and enhanced audio performance. Designed for easy installation and durability against marine environments, the series includes a variety of styles and sizes. With innovative CURV cone technology, these speakers provide crystal-clear sound while integrating seamlessly with Fusion DSP-enabled stereos. Prices range from
Garmin has announced a strategic alliance with Sea Tow Services International to enhance boater safety. This collaboration provides Sea Tow franchisees exclusive discounts on Garmin marine electronics, including the GPSMAP chartplotter series and radars. Sea Tow members will access specialized training on these products and preferred pricing on cartography. The partnership aims to improve boating experiences by equipping Sea Tow captains with state-of-the-art technology, emphasizing Garmin's commitment to innovation in marine safety.