Garmin Sets Record Revenue in Q3 2024 With Growth In All Five Segments
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.
Table of Contents:
- Key Takeaways From Q3 2024
- Performance by Segment and Region
Garmin's Business Environment
Garmin's Smartwatch Segments
Q4 2024 Forecast and Guidance
Number of Pages: 15
Publication Date: November 2024
Category
Industry
Consumer Electronics
Service
Standard
Report Type
Report
Time Period
Quarterly
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Author
George Lesniak
Research Analyst at Counterpoint Research | Specialize in Mobile Handsets and Wearables | Business Administration Graduate from CSU | Certified in Market Research and Data Analytics