Tag Archives: NMEA names Garmin Manufacturer of the Year

Garmin Ltd. announced results for the third quarter ended September 26. Highlights for third quarter 2020 include: Total revenue of over $1.1 billion, a 19% year-over-year increase, led by robust growth in marine, fitness and outdoorGross margin and operating margin were 60.2% and 28.6%, respectivelyOperating income of $317 million, increasing 21% over the prior year quarterGAAP diluted EPS was $1.63 ...

Product of Excellence Awards were presented in 17 categories, and Manufacturer of the Year went to Garmin, as the National Marine Electronics Association held their annual meeting on September 26. “On behalf of the NMEA Board of Directors, staff, and membership, we congratulate all 2020 award winners,” said Mark Reedenauer, NMEA President & Executive Director. “The member voting count exceeded ...