GRMN Q1 2019 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q1 2019 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$766M+7.8% YoY

Gross Profit

$452M59.0% margin

Operating Income

$151M19.8% margin

Net Income

$140M18.3% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$165M

Free Cash Flow

$134M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$965M

Stockholders' Equity

$4.3B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$766M	$711M	+7.8%
Gross Profit	$452M	$427M	+5.9%
Operating Income	$151M	$142M	+6.5%
Net Income	$140M	$129M	+8.3%