GRMN Q3 2017 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q3 2017 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$743M+2.9% YoY

Gross Profit

$434M58.4% margin

Operating Income

$170M22.8% margin

Net Income

$151M20.3% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-9.0%

Cash Flow

Operating Cash Flow

$199M

Free Cash Flow

$151M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$1.2B

Stockholders' Equity

$3.6B

Cash & Equivalents

$891M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$743M	$722M	+2.9%
Gross Profit	$434M	$406M	+6.8%
Operating Income	$170M	$160M	+6.4%
Net Income	$151M	$125M	+20.8%