Garmin Ltd - GRMN STOCK NEWS

Garmin (GRMN) secures the No. 2 spot on Forbes' 2024 list of America's Best Large Employers, showcasing a strong commitment to employee well-being and creating best-in-class workplaces. With a global workforce of over 19,000 in 35 countries, Garmin's dedication to innovation and excellence is evident through various accolades and recognitions.

Garmin introduces the GPSMAP 16x3 chartplotters with a 16-inch touchscreen display, offering superior clarity, connectivity, and control for marine enthusiasts. The device features built-in Garmin Navionics+ mapping, sonar support, and an IPS display for enhanced readability in various lighting conditions.

Garmin introduces the Panoptix™ PS70 with RapidReturn™ sonar technology, offering live images up to 1,000' below the surface, revolutionizing deep-sea sportfishing. The PS70 provides real-time views at unprecedented depths, with a fast refresh rate and wide sonar beam. Anglers can identify bait, fish, and structure quickly, enhancing their fishing experience. The transducer's image stabilization ensures steady sonar images even in rough conditions. Enhanced QuickDraw Contours™ allow anglers to create detailed contour maps in real time, contributing to the QuickDraw Community or saving data locally. The PS70 is priced at $4,799.99 or $4,999.99 as a bundle, compatible with various Garmin GPSMAP® chartplotters.

Garmin (GRMN) announced a new series of COMM and NAV/COMM radios designed for both fixed-wing aircraft and helicopters, offering advanced communication and navigation capabilities, as well as an intuitive user interface. The products will be available in March, with the GTR 205 starting at $2,695 and the GNC 215 starting at $5,295.

Garmin (GRMN) has been selected by Kawasaki Motors Corp., U.S.A., to provide a customized, factory-installed display solution for the all-new 2024 Kawasaki RIDGE® Limited side x sides. The display will incorporate Garmin technology for seamless navigation and vehicle systems information, built to withstand off-road adventures. The announcement was made by Garmin's vice president of global consumer sales, Dan Bartel, and Bob O'Brien, Director of Marketing at Kawasaki Motors Corp., U.S.A.

Garmin (GRMN) has been ranked No. 1 for the 20th consecutive year in Professional Pilot's 2024 Avionics Manufacturers Product Support Survey. The company received top ratings in every category, including product reliability, speed in AOG service, cost of parts, manuals or CDs, technical representatives, and support from manufacturers. The survey is based on direct responses from qualified Professional Pilot readers and aircraft operators, with Garmin receiving an overall score of 8.55, with the highest score being 9.27 in product reliability. Garmin's Avionics Product Support team has made significant improvements in the past year, including relocating to new offices within the Garmin U.S. headquarters, expanding the Garmin Aviation Dealer Academy for avionics training, and reorganizing dealer support teams to provide regionally based technical support. This recognition follows Garmin's top spot in Aviation International News' Product Support Survey announced in September 2023. Garmin's products and services have revolutionized flight and become essential to pilots, aircraft owners, and operators worldwide.

Garmin Ltd. (NYSE: GRMN) has announced its fourth quarter 2023 earnings conference call on February 21, 2024, at 10:30 a.m. EST. The call will be held in conjunction with the company's earnings release and will be available for participants in the U.S. and Canada to join by phone. The live webcast will also be accessible via the company's website, with an archive available until February 20, 2025.

Garmin (GRMN) introduces new capabilities of its Unified Cabin suite of automotive electronics solutions at CES 2024, including HMI theming, Cluster Theater Mode, Dolby Atmos audio, and driver distraction mitigation. The company aims to provide a personalized, immersive, and safe in-vehicle experience for both drivers and passengers. The new features demonstrate Garmin's commitment to innovation and its ability to adapt to evolving consumer needs and preferences.

Garmin (NYSE: GRMN) announced a partnership with Yamaha Motor to provide state-of-the-art infotainment systems to select motorcycles and smart scooters. The partnership aims to support Yamaha Motor's Connected Vision program that seeks to attain 100% vehicle connectivity. The integration began in 2022 with the TMAX motorcycle and has since expanded to include other models. Yamaha Motor is a world-leading enterprise manufacturing land-mobility and marine products, as well as robotics products and engagement in the finance business.