GRMN Q2 2017 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q2 2017 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$817M+0.7% YoY

Gross Profit

$478M58.5% margin

Operating Income

$203M24.9% margin

Net Income

$177M21.7% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

+27.9%

Cash Flow

Operating Cash Flow

$143M

Free Cash Flow

$124M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$1.3B

Stockholders' Equity

$3.5B

Cash & Equivalents

$860M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$817M	$812M	+0.7%
Gross Profit	$478M	$463M	+3.2%
Operating Income	$203M	$201M	+1.3%
Net Income	$177M	$161M	+9.9%