Garmin reports strong Q4 results, guides to 10 percent revenue growth in FY24

Garmin

Fueled by double-digit gains in both net sales and operating income, Garmin reported strong Q4 results and offered guidance on FY24, where it sees total sales improving by 10 percent to $5.75 billion but overall gross margin contracting by 100 basis points to 56.5 percent.

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