Garmin reports 24 pct rise in 3rd-qtr profit on lower costs, but sales and shares drop
Garmin reports surge in 3Q profit KANSAS CITY, Mo. — Navigational device maker Garmin Ltd. reported a 24 percent increase in third-quarter profit as lower costs offset a drop in sales. New York state seeks to crack down on truckers who slam into bridges on unsafe routesALBANY, N.Y. — New York state wants to crack down on truckers who rely on satellite devices to direct them onto faster but prohibited routes and end up crashing into overpasses that are too low for their rigs. AT&T to begin selling Garmin phone-GPS hybrid nuvifone in OctoberKANSAS CITY, Mo. — After more than a year of delays, Garmin Ltd.’s GPS unit/wireless device hybrid nuvifone is finally going on sale in the U.S. Ask AP: Friday bank failures, finding black boxesWhen a plane goes down at sea, why is it sometimes so difficult to find the black boxes? Shouldn’t it be as simple as equipping them with GPS devices? Shares of navigation-device maker Garmin fall after joining Goldman’s ‘Conviction Sell’ listNEW YORK — Shares of Garmin Ltd. fell Wednesday, after Goldman Sachs predicted weakness in the market for personal navigation devices. Navigator Garmin posts lower earnings, but beats estimates, says worst of revenue decline overKANSAS CITY, Mo. — Navigational device maker Garmin Ltd. on Wednesday reported sharply lower second-quarter earnings on Wednesday, but beat Wall Street estimates and said the worst of its sales decline may be over. Its shares surged almost 24 percent. |
Topics
Poll Loading ...Latest TweetsGps Devices
Latest Friend FeedsGps Devices
|
