GRMN Q1 2018 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q1 2018 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$711M+11.3% YoY

Gross Profit

$427M60.0% margin

Operating Income

$142M20.0% margin

Net Income

$129M18.2% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-20.0%

Cash Flow

Operating Cash Flow

$214M

Free Cash Flow

$186M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$858M

Stockholders' Equity

$4.0B

Cash & Equivalents

$899M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$711M	$639M	+11.3%
Gross Profit	$427M	$372M	+14.6%
Operating Income	$142M	$116M	+22.2%
Net Income	$129M	$238M	-45.7%