TITLE

Garmin Navigates A 70 Percent Profit Increase

PUB. DATE
February 2008
SOURCE
Red Herring;2/20/2008, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a 70% increase in profits posted by navigation device maker Garmin in the fourth quarter of 2007. The company's profit for the quarter rose to $307.3 million, or $1.39 cents a share. Revenue almost doubled to $1.23 billion. The rise in profits was attributed to strong holiday sales.
ACCESSION #
36876211

 

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