Garmin reports Q4 pro forma EPS $2.41, consensus $2.02

Reports Q4 revenue $1.822B, consensus $1.69B. Executive Overview from Cliff Pemble, President and Chief Executive Officer: “2024 was a year of remarkable growth and achievement for Garmin (GRMN), resulting in record full-year consolidated revenue and record full-year revenue in all five of our segments, as well as record full-year consolidated operating income. We are entering 2025 with continued strong momentum from our robust product lineup and have many product launches planned during the year. I am very proud of what we accomplished in 2024 and look forward to all that 2025 will bring.” – Cliff Pemble, President and Chief Executive Officer of Garmin Ltd.