GRMN Q3 2018 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q3 2018 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$810M+9.0% YoY

Gross Profit

$481M59.4% margin

Operating Income

$196M24.2% margin

Net Income

$184M22.7% margin

EPS (Diluted)

$0.97

QoQ Revenue Growth

-9.4%

Cash Flow

Operating Cash Flow

$264M

Free Cash Flow

$233M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$1.1B

Stockholders' Equity

$4.0B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$810M	$743M	+9.0%
Gross Profit	$481M	$434M	+10.9%
Operating Income	$196M	$170M	+15.4%
Net Income	$184M	$151M	+21.9%