Tag Archives: Garmin

Garmin Ltd. announced results for the second quarter ended June 27, 2020. Highlights for second quarter 2020 include: Total revenue of $870 million, a 9% year-over-year decrease, as strength in fitness and marine partially offset declines in outdoor, aviation, and automotive.Gross margin and operating margin were 59.3% and 21.7%, respectively.Expanded an exclusive relationship with Regulator Marine, adding Fusion® Entertainment as ...

Garmin International, Inc., a unit of Garmin Ltd., announced that Avalon and Tahoe Manufacturing selected Fusion Entertainment to exclusively supply marine entertainment audio packages for its entire line of pontoons starting with model year 2021. Avalon announced to dealers that it will fully integrate Fusion Entertainment stereos, speakers, and amplifiers as a standard fit in each level of its high-performance, ...

Garmin International, Inc. announced that Regulator Marine has selected Fusion to be its premier entertainment supplier to outfit its full line of offshore sportfishing center console boats beginning model year 2021. Regulator announced to its dealers last week that both Garmin electronics, and stereos, speakers and amplifiers from Fusion, a Garmin brand, will now be standard equipment on all Regulator ...

By Adam Quandt Traditional is by no means a word to describe the audio elements going into today’s recreational boats. Though manufacturers are still playing some forms of catch up to features often found and expected in the automotive industry, marine audio providers are working hard to keep the party going on the water. “The expectations of consumers are way ...

Garmin Ltd. recently announced results for the first quarter ended March 28, 2020. Highlights for first quarter 2020 include a total revenue of $856 million, a 12% increase, with fitness, marine, outdoor and aviation collectively increasing 17% over the prior year quarter. Other highlights include: a gross margin of 59.2% compared to 59.0% in the prior year quarter, with operating ...

Garmin International Inc. announced the quatix 6, its next-generation marine GPS smartwatch series designed specifically for life on the water. More than a watch, the quatix 6 combines all of the features of Garmin’s flagship fēnix 6 GPS smartwatch with specialized boating, fishing, cruising and sailing capabilities, including comprehensive connectivity with compatible Garmin chartplotters and other marine electronics to offer ...

Garmin International, Inc. announced that it was awarded the Supplier of the Year distinction for the second year in a row from the Independent Boat Builders, Inc. (IBBI). As the industry’s largest purchasing cooperative, the IBBI’s 18-member network of boat brands collectively builds nearly 25% of all boats sold in the U.S. The IBBI Supplier of the Year award recognizes ...

Garmin Ltd. announced results for the fourth quarter and fiscal year ended Dec. 28, 2019. “2019 was another exciting year of growth thanks to our strong lineup of products and unique innovations,” said Cliff Pemble, president and chief executive officer of Garmin Ltd. “We entered 2020 with a great lineup of recently introduced products with more on the way. We ...

Garmin International, Inc. announced it has redesigned its Fusion-branded Signature Series marine speakers and subwoofers with LED lighting that delivers what the companies claim is an unprecedented spectrum of color variations to complement each unique boat and style. Building on the success of the Signature Series product line, the new Fusion Signature Series 3 combines traditional red, green and blue LEDs with ...

Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), announced it was honored with wins in two categories in the 2019 DAME Design Awards, an annual competition that celebrates marine equipment design. The Garmin Force trolling motor and the GPSMAP 86i marine handheld with inReach® satellite communication capabilities received top DAME accolades in the ‘Machinery, Propulsion, Mechanical and Electrical Systems ...