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Garmin raises FY25 pro forma EPS view to $8.00 from $7.80

Raises FY25 revenue view to $7.1B from $6.85B. Consensus is for FY25 EPS $7.97 and for revenue $6.89B. Sees FY25 gross margin of 58.5%, operating margin of 24.8% and a full year tax rate of 17.5%.

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