Garmin Delivers Record $4.19B Revenue, Profits in 2020

Garmin Ltd. today (Feb. 17) announced results for the fourth quarter and fiscal year ended Dec. 26, 2020. Highlights for fourth quarter 2020 include: Total revenue of $1.35 billion, a 23% increase over the prior year quarter, led by robust growth in the marine, fitness and outdoor segments Gross margin of 58.5% compared to 58.0% […]

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