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Tag Archives: Garmin

Garmin announces Q4 FY 2018 results

Garmin Ltd. announced results for the fourth quarter and fiscal year ended Dec. 29, 2018. “2018 was another remarkable year of revenue and operating income growth driven by strong performance in our aviation, marine, outdoor and fitness segments,” said Cliff Pemble, president and chief executive officer of Garmin Ltd. “Entering 2019, we see many opportunities ahead and believe that we ...

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Garmin announces new Panoptix LiveScope transducer

Garmin International, Inc., a unit of Garmin Ltd., announced the Panoptix LiveScope LVS12, a new transducer in the  Panoptix LiveScope series that offers both 30-degree forward and 30-degree down real-time scanning sonar views. The single-array LiveScope LVS12 transducer is an economical solution for inland and near-shore anglers without the need for a black box. With the active scanning capabilities of Panoptix ...

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Garmin introduces slate of marine products, accessories, services

Garmin International, Inc. recently announced BlueChart g3 and LakeVü g3, a new line of cartography products for coastal and inland boating that blend the best of both Garmin and Navionics content together for the first time to deliver unparalleled coverage and detail. The new BlueChart g3 charts and LakeVü g3 maps will also be the first preloaded cartography to offer ...

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HCB Yachts introduces new 65-foot center console

HCB Center Console Yachts launched its new flagship—the 65-foot Estrella—which is now the world’s largest center console yacht. The boat takes that distinction from its sister ship; the 53-foot Sueños, giving HCB the top two spots in the category. The new Estrella will make its public debut at the Fort Lauderdale International Boat Show, which runs Oct. 31- Nov 4, ...

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Garmin selects KVH to provide marine satellite TV antenna systems

Garmin International, Inc. and KVH Industries, Inc. announced an arrangement to offer two marine satellite TV antenna systems made by KVH as part of a Garmin marine network package. The two dome products—the GTV5 powered by KVH and the GTV6 powered by KVH—will be offered by Garmin to select recreational boat builders and select high-end installing leisure marine electronics dealers. ...

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Sportsman Boats selects Garmin as exclusive marine electronics supplier

Garmin International, Inc. announced Sportsman Boats has selected Garmin to be the exclusive electronics supplier to outfit its full line of center console and bay boats ranging from 20 to 31-feet, beginning model year 2019. Sportsman builds a growing line of family-friendly center console boats and will offer Garmin electronics standard on each of its 17 models, including the Open ...

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Garmin expands Fantom radar offerings

Garmin International, Inc. announced the GMR FantomTM 54/56 and Fantom 124/126 – the next evolution in its solid-state pulse compression radar series with MotionScope Doppler technology, offering 50W and 120W of power output respectively. Garmin Fantom radars were the first to allow mariners to see targets moving instantaneously thanks to MotionScope technology. Now, with more than double the power output ...

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Garmin reports record Q1 revenue, double-digit earnings growth

Garmin Ltd. recently announced its results for the first quarter ended March 31, 2018. The company's 2018 Q1 highlights included a total revenue of $711 million, 11 percent over last year. Garmin’s marine segment posted revenue growth of 9 percent, driven by the recent Navionics acquisition. Gross margin increased year-over-year to 59 percent, while operating margin declined to 12 percent. ...

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Garmin selected as IBBI exclusive marine electronics supplier

Garmin International, Inc. announced that is has been selected as the exclusive marine electronics supplier for the Independent Boat Builders, Inc. (IBBI), the industry’s largest purchasing cooperative comprised of a 19-member network of leading boat brands. Collectively, IBBI members build 20 percent of all boats sold in the U.S., and beginning Model Year 2019, the agreement will give members direct ...

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