Financial reporting

Garmin lifts FY EPS outlook, drops sales forecast by 3 percent

By 2022-10-28T08:18:00

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For the second consecutive quarter, Garmin has altered its fiscal year 2022 outlook. After lowering its annual revenue forecast by 9 percent to $5 billion in late July, the group is now forecasting FY revenues of $4.85 billion. On the upside, the Swiss company has adjusted its full-year EPS guidance ...

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