May 06, 2010 at 19:24 PM EDT
(GRMN) Garmin Limited’s Quarterly Earnings Report Misses – Bids for Raymarine
Garmin Ltd.’s (GRMN) first quarter earnings excluding the impact of foreign exchange missed the Zacks Consensus Estimate by 4 cents in a seasonally weak quarter for the company. Earnings were up 52% from the year-ago quarter. Revenue Revenue of $431 million was down 59.3% sequentially and 1.3% year over year. The decline from the year-ago quarter was [...] (GRMN) Garmin Limited’s Quarterly Earnings Report Misses – Bids for Raymarine
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