๐ Garmin $GRMN rips +17% after record Q2 revenue and raised full-year guidance
Garmin just posted record Q2 revenue of $2.02B, crushing the $1.94B analyst estimate, while EPS came in at $2.81 vs. the $2.30 expected โ a $0.51 beat. Fitness revenue surged 25% and marine sales jumped 14% year-over-year for a broad-based win. The company also raised its full-year guidance, which is usually the extra catalyst the market loves to see. Is GRMN still a buy after a 17% single-day rip, or is the good news priced in? Not financial advice.
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