GRMN Q1 2017 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q1 2017 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$639M+2.3% YoY

Gross Profit

$372M58.3% margin

Operating Income

$116M18.2% margin

Net Income

$238M37.3% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

-25.8%

Cash Flow

Operating Cash Flow

$120M

Free Cash Flow

$94M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$899M

Stockholders' Equity

$3.7B

Cash & Equivalents

$834M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$639M	$624M	+2.3%
Gross Profit	$372M	$340M	+9.5%
Operating Income	$116M	$104M	+12.1%
Net Income	$238M	$88M	+170.6%