Garmin Ltd. reported earnings results for the third quarter and nine months ended September 28, 2024. For the third quarter, the company reported sales was USD 1,586.02 million compared to USD 1,277.53 million a year ago. Net income was USD 399.11 million compared to USD 257.24 million a year ago. Basic earnings per share from continuing operations was USD 2.08 compared to USD 1.34 a year ago. Diluted earnings per share from continuing operations was USD 2.07 compared to USD 1.34 a year ago.
For the nine months, sales was USD 4,474.34 million compared to USD 3,745.75 million a year ago. Net income was USD 975.7 million compared to USD 747.51 million a year ago. Basic earnings per share from continuing operations was USD 5.08 compared to USD 3.91 a year ago. Diluted earnings per share from continuing operations was USD 5.06 compared to USD 3.9 a year ago.