Financial

Garmin with losses in EMEA and gains in Americas, sticks to FY outlook

By 2023-05-04T05:45:00

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Garmin, which generated an 85 percent increase in Q1 free cash flow to nearly $232.4 million and paid a quarterly dividend approaching $140 million, is standing by its FY23 financial guidance that calls for approximate revenues of $5.0 billion and pro forma EPS of $5.15 a share.

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