Tag Archives: Garmin

Nineteen products garnered top honors in three separate award competitions at the 2023 NMEA Marine Electronics Conference & Expo, held last week at the Orlando Doubletree Universal Hotel in Florida. NMEA members cast their votes online in 17 categories for the Product of Excellence Awards, while a panel of independent judges named winners in both the NMEA Technology Award and ...

Garmin Ltd. announced it has completed the acquisition of JL Audio, a privately-held U.S. company that designs and manufactures audio solutions, including speakers, amplifiers, subwoofers and other audio components for marine, aftermarket automotive, powersports, home and RV customers. “We are thrilled to welcome JL Audio to the Garmin team. JL Audio has a strong reputation for providing premium audio quality, ...

Garmin Ltd. announced it has entered into a definitive agreement to acquire JL Audio, a privately-held U.S. company that designs and manufactures audio solutions for marine, aftermarket automotive, powersports, home and RV customers. “JL Audio’s extensive audio experience will create new opportunities to provide premium audio features across a broad range of our markets and products. The JL Audio brand ...

Garmin announced today that Sportsman Boats will install Fusion Entertainment marine audio packages as the standard-fit for its full line of offshore center consoles and inshore bay boats beginning model year 2024. In addition to Garmin marine electronics, Sportsman will exclusively offer Fusion audio packages that include stereos, speakers, subwoofers and amplifiers on each of the 16 models across its Open, ...

Garmin Ltd. (NYSE: GRMN), has announced results for the first quarter ended April 1, 2023. Highlights for first quarter 2023 include: Consolidated revenue of $1.15 billion, a 2% decrease compared to the prior year quarter Gross margin increased to 56.9%, and operating margin was 17.2% Operating income was $197 million, a 14% decrease compared to the prior year quarter GAAP ...

Twenty products garnered top honors in three separate award competitions at the 2022 NMEA Marine Electronics Conference & Expo, held recently in Anaheim, Calif. NMEA members cast their votes online in 18 categories for the Product of Excellence Awards while a panel of independent judges named winners in both the NMEA Technology Award and Best New Product contests. “On behalf ...

Garmin International, Inc. has announced the Signature Series 3i marine speakers from Fusion Entertainment, a Garmin brand. The series includes illuminated sport, non-illuminated sport, and classic styles. “The Signature Series 3i combines the modern style and superior sound boaters want with the added layers of marine protection they need. From center consoles and yachts to wake boats and pontoons, this ...

Garmin International, Inc., a unit of Garmin Ltd., announced that it is working with Sea Tow Services, International, Inc. to provide members and franchise operators exclusive offers and product training aimed at improving boater safety. Sea Tow franchisees will receive access to special offers on a variety of Garmin marine electronics, including its flagship GPSMAP chartplotter series, full line of ...

Propspeed has announced that Garmin has endorsed its Propspeed Foulfree foul-release coating system. “We are proud to have worked closely with Garmin engineers to ensure compatibility with and maximum performance from their transducers,” said Chris Baird, CEO, Propspeed. “Garmin sonar systems are some of the most popular choices for anglers and we are confident that Foulfree will ensure peak performance ...

Garmin Ltd. (NYSE: GRMN), announced results for the first quarter ended March 26, 2022. Highlights for first quarter 2022 include:• Record consolidated revenue of $1.17 billion, a 9% increase over the prior year quarter with threesegments posting double digit growth• Gross and operating margins were 56.5% and 19.5%, respectively• Operating income of $229 million, an 8% decrease compared to the ...