Financial reporting

Garmin says diversification is key to 2022 growth, but Q4 net dips

By Bob McGee 2022-02-17T16:09:00

garmin

Garmin is currently forecasting 10 percent revenue growth in 2022 to $5.5 billion, driven by new product introductions and strong market trends in at least three of its operating segments. The company reported a 14.2 percent decline in fourth-quarter net income to $286.1 million from $333.5 million for the period ...

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