More on Garmin's (GRMN) Q2 results: EPS guidance below $2.48 consensus. With revenue guidance of...

|About: Garmin Ltd. (GRMN)|By:, SA News Editor

More on Garmin's (GRMN) Q2 results: EPS guidance below $2.48 consensus. With revenue guidance of $2.5B-$2.6B in-line with consensus, this suggests strong margin pressure. Q2 automotive/mobile segment revenue down 19% Y/Y, and North American revenue down 21%. Free cash flow was $196M. GRMN -12% premarket. (PR)