Welcome to our dedicated page for Garmin news (Ticker: GRMN), a resource for investors and traders seeking the latest updates and insights on Garmin stock.
Garmin Ltd. reports developments across GPS-enabled hardware and software for fitness, outdoor, automotive, aviation and marine markets. Company news commonly covers earnings releases, new smartwatch features, aviation flight deck systems, marine sonar and chartplotter products, and integrations through the Connect IQ platform and connected wearables.
Garmin updates also include audio products under JL Audio and Fusion, inReach satellite and cellular connectivity, supplier recognition in aviation, and product partnerships tied to health, messaging and outdoor communications. The company is incorporated in Switzerland, with principal subsidiaries in the United States, Taiwan and the United Kingdom.
Garmin (NYSE: GRMN) has launched the Apollo WB675 Marine Hideaway Stereo, enhancing boat audio options with a compact design that maximizes dash space. The new stereo features Multi-Zone™ Technology, allowing customization of four audio zones for an advanced listening experience. It streams premium audio via Apple AirPlay® 2 and incorporates Digital Signal Processing for superior sound quality. Designed for durability, the WB675 is tested against harsh marine conditions and comes with a three-year warranty. Priced at $499.99, this stereo reflects Garmin's commitment to innovation in marine electronics.
Garmin (NYSE: GRMN) has unveiled its FDA-cleared ECG App for the Venu 2 Plus smartwatch, enabling users to record a 30-second ECG and monitor for signs of atrial fibrillation (AFib) anytime. This groundbreaking feature is aimed at enhancing user health management by allowing immediate heart rhythm results on the device and detailed reports via the Garmin Connect app. Available in the United States, the app is part of Garmin's ongoing efforts to innovate health-focused wearable technology. Garmin plans to expand the ECG App to other products and regions pending regulatory approvals.
Garmin Ltd. (NYSE: GRMN) will host its Fourth Quarter 2022 earnings conference call on February 22, 2023, at 10:30 a.m. EST. This event coincides with the release of its earnings report, which will be made available before market opening on the same day. Interested participants can join via webcast or register for a dial-in number to participate in the question-and-answer session. An archive of the webcast will remain accessible until February 21, 2024.
Garmin is committed to developing innovative technology for athletes and outdoor enthusiasts, reinforcing its position in the market.
Garmin (NYSE: GRMN) announced the launch of its new ECHOMAP UHD2 series chartplotters, designed for anglers with innovative features such as Ultra High-Definition sonar and preloaded Garmin Navionics+ mapping. The chartplotters come in 6", 7", or 9" touchscreen displays and offer wireless networking for data sharing. Prices range from $799.99 to $1299.99. The devices leverage advanced sonar technology for superior imaging and are equipped with Auto Guidance+ for efficient navigation. Garmin continues to strengthen its market position as a leading marine electronics manufacturer.
Garmin (NYSE: GRMN) has launched its Garmin Navionics+ mapping solution for ECHOMAP Ultra and UHD2 series chartplotters. This upgrade provides advanced features including a redesigned map interface, daily map updates, and Auto Guidance+ technology for enhanced navigation. Users will benefit from vibrant colors, superior depth detail, and access to 42,000 lakes globally. A one-year subscription for daily updates is included, allowing mariners to stay informed with real-time data. Garmin continues to innovate in marine electronics, aiming for optimal boating and fishing experiences.
Garmin has introduced the Tread XL – Baja Race and Tread XL – Baja Chase Edition navigators, designed for high-speed off-road racing. These rugged devices feature 10-inch glove-friendly touchscreens and IP67 ratings for dust and water resistance. Built-in inReach technology enables live tracking and messaging, enhancing team coordination during races. The Baja Race Edition is priced at $2,499.99, while the Baja Chase Edition is available for $1,799.99. These products aim to revolutionize Baja racing by providing advanced navigation tools and team tracking capabilities.
On January 5, 2023, BlackBerry Limited announced that Garmin has selected its QNX® technology for Garmin's next-gen proof of concept at CES 2023. The Unified Cabin™ integrates multiple operating systems on a single system on chip (SoC).
Garmin chose BlackBerry QNX for its safety and reliability, essential in automotive applications. The deal further solidifies their partnership as the industry seeks safe ways to run Android Automotive OS alongside RTOS. BlackBerry QNX products are featured in over 215 million vehicles globally, enhancing automotive safety and cybersecurity.
Garmin (NYSE: GRMN) has launched the RV 895 and RV 1095 navigators, designed for RV enthusiasts with 8 and 10-inch displays. These devices offer custom routing based on vehicle size, preloaded content including national parks, and BirdsEye satellite imagery for enhanced arrival planning. Features include traffic alerts, Bluetooth connectivity, and integration with the Garmin Drive app for real-time updates. The RV 895 is priced at $699.99 and the RV 1095 at $899.99, available now at garmin.com. This release aims to enhance navigation for camping adventures.
Garmin (NYSE: GRMN) has launched the Garmin Dash Cam Live, an always-connected LTE dash cam designed for vehicle security and monitoring. With a retail price of $399.99, the device offers live video access through the Garmin Drive app, enhancing drivers' peace of mind with theft alerts and incident notifications. The camera records in high-definition 1440p and features Garmin Clarity HDR optics. A subscription plan starting at $9.99/month is required for full connectivity. This innovative product aims to provide safety and convenience for drivers, available now and showcased at CES 2023.
Garmin (NYSE: GRMN) showcased its innovative Unified Cabin in-vehicle solution at CES 2023, designed for Automotive OEMs. This system seamlessly connects multiple wireless passenger devices to real-time entertainment options like games and videos, powered by a single multi-domain computing module. The setup features customizable experiences through UWB technology and includes advanced integrations with partners like Xperi and Mapbox. Garmin aims to enhance user experience and address technical challenges for next-gen multi-screen systems running on Android Automotive OS.