Garmin (GRMN): Q4 EPS of $0.96 beats by $0.31. Revenue of $910M (+8.6% Y/Y) beats by $140M.
More on Garmin's (GRMN) Q4: Posted revenue gains across all segments - including automobile/mobile +4% Y/Y, outdoor +35%, and fitness +17%. Gross margin rose to 48%, from 45% a year ago. Sets 2012 guidance for revenue of $2.7B-$2.8B and EPS to fall in a range of $2.45-$2.60. Shares +13.4% premarket.
Garmin (GRMN) resistance level is $55.70 and support level is $45.
More on Garmin's (GRMN) Q4: Posted revenue gains across all segments - including automobile/mobile +4% Y/Y, outdoor +35%, and fitness +17%. Gross margin rose to 48%, from 45% a year ago. Sets 2012 guidance for revenue of $2.7B-$2.8B and EPS to fall in a range of $2.45-$2.60. Shares +13.4% premarket.
Garmin (GRMN) resistance level is $55.70 and support level is $45.
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