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Garmin reports Q4 earnings and FY25 outlook exceeding expectations, boosting stock to $243.13.
Garmin, a leading GPS device maker, announced strong Q4 earnings, reporting EPS of $2.41 and revenue of $1.82 billion, above estimates.
The company updated its FY25 guidance, forecasting EPS of $7.80 and revenue of $6.8 billion, surpassing expectations.
Garmin's stock surged to $243.13 on the announcement, up from the previous day.
Despite varied analyst ratings, the company's financial performance and planned product launches support a strong outlook for 2025.
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Garmin reporta ganancias Q4 y perspectivas del año fiscal 25 superando las expectativas, elevando las acciones a $243,13.