Garmin’s Q2 net income up 7.5% y/y to USD190.3 million
Companies revises full-year 2018 financial guidance
Garmin’s net income increased 7.5% year-over-year (y/y) to EUR190.3 million in the second quarter ended 30 June 2018, the company said in a press release. Net sales improved 7.6% y/y to USD894.4 million. Higher sales helped Garmin record 3.8% y/y growth in operating income to USD217.5 million.
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