Tag Archives: GRMN

$GRMN,Garmin Ltd.

Introducing the VIRB® 360: An immersive 360-degree 5.7K camera experience from Garmin®

This post was originally published on this site

a) canvas-atom Mt(0) Mt(20px)--sm Mb(24px) Mb(22px)--sm" data-type="image" itemscope="" itemprop="associatedMedia image" itemtype="https://schema.org/ImageObject" data-reactid="10">
r) H(0)" data-reactid="13">Introducing the VIRB® 360: An immersive 360-degree 5.7K camera experience from Garmin®a)" itemprop="url" src="https://s.yimg.com/ny/api/res/1.2/DY2kCzSgxzGOoSoeQeSaHg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NDgwO2g9MzEx/http://globalfinance.zenfs.com/en_us/Finance/BUSINESSWIRE/15202b4a3eeb3d181ccbc1098a327b1a" data-reactid="14">Introducing the VIRB® 360: An immersive 360-degree 5.7K camera experience from Garmin®a)" src="https://s.yimg.com/ny/api/res/1.2/DY2kCzSgxzGOoSoeQeSaHg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NDgwO2g9MzEx/http://globalfinance.zenfs.com/en_us/Finance/BUSINESSWIRE/15202b4a3eeb3d181ccbc1098a327b1a" itemprop="url">
h) Pos(r) Ff(ss) Mah(80px)" data-reactid="16">
13px) Py(5px) Lh(1.5)" title='The VIRB® 360 - An immersive 360-degree 5.7K camera experience from Garmin®. (Photo: Business Wire) <a href="http://www.businesswire.com/news/home/20170524005432/en/"> Multimedia Gallery URL</a>' data-reactid="17">
The VIRB® 360 – An immersive 360-degree 5.7K camera experience from Garmin®. (Photo: Business Wire) Multimedia Gallery URL

bw) Cl(start) Mb(20px) Fz(15px) Lh(1.6) C(#26282a) Ff($ff-secondary) D(i)" data-reactid="21">

OLATHE, Kan.–(BUSINESS WIRE)–

Garmin International Inc., a unit of Garmin Ltd. (GRMN), today announced the versatile VIRB 360, a compact, rugged and fully spherical 360-degree camera. The waterproof1 VIRB 360 is an easy-to-use camera that captures impressive high-quality video up to 5.7K/30fps, with four built-in microphones to ensure everything sounds as good as it looks in any direction. Whether users are kayaking down river rapids or mountain biking through rough terrain, the VIRB 360’s 4K Spherical Stabilization2 makes every video smooth and steady.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170524005432/en/

With the VIRB 360, users capture video with automatic in-camera stitching up to 4K/30fps. Videos are easily uploaded for editing or sharing instantaneously. Taking advantage of its built-in GPS and numerous other sensors, the VIRB 360 provides owners with customizable G-Metrix™ data overlays in a captivating 360-degree augmented reality3 setting.

“The VIRB 360 lets you relive personal experiences and share them with your friends – from a different point of view, every single time,” said Dan Bartel, Garmin vice president of global consumer sales. “VIRB 360 owners will no longer need to worry about trying to capture the perfect angle or setting up the perfect shot. The camera’s easy-to-use feature set will make even the most inexperienced users look like experts.”

Garmin offers a free downloadable VIRB Mobile app and desktop software to edit, stabilize, share and add data overlays to any VIRB 360 video content – features that make the VIRB 360 easier to use than most other 360 cameras. Boasting conveniently simple one-touch button controls, the VIRB 360 also incorporates helpful voice control4 options to start and stop recordings, snap photos and more. And to make the most of “in-the-moment” experiences, the VIRB 360 features livestream5 capabilities to post to YouTube™ or Facebook Live with a compatible smartphone or tablet.

The VIRB 360 offers a rechargeable, one-hour battery life while recording. Even more impressive, whether it’s a family event or a rigorous journey, the VIRB 360 is built to withstand overheating and wet conditions. Beyond video, the VIRB 360 can take stitched-in-camera, 360-degree, 15 megapixel spherical photos. Photo modes include single capture, burst shooting, and time lapse. Additionally, the camera is equipped with a sunlight-readable display for users to identify battery life, storage capacity and video modes. The VIRB 360 supports Wi-Fi®, Bluetooth®, ANT+®, and NFC (one-tap connection with Android™ devices) connectivity.

Offering a wealth of flexibility and range, the VIRB 360 is compatible with industry-leading virtual reality headsets and live playback through the free VIRB Mobile app. What’s more, the camera is compatible with Apple® and Android devices, and comes with its own unique tripod/handgrip. The VIRB 360 uses replaceable microSD memory6 cards of up to 128GB (sold separately).

The Garmin VIRB 360 has a suggested retail price of $799.99 and is expected to be available in June. For more information, visit Garmin.com/VIRB360.

The Garmin VIRB 360 is the latest from the consumer automotive and camera segment of Garmin, the leading worldwide provider of portable navigation devices for automobiles, motorcycles and trucks. The company’s user-friendly navigation and action camera solutions have innovative features that provide time- and fuel-saving benefits to meet the demands of everyday driving and outdoor living.

For decades, Garmin has pioneered new GPS navigation, advancements with camera solutions, wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business units, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin’s virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, or youtube.com/garmin.

1See Garmin.com/waterrating.

2Stabillization is applied using VIRB Mobile app or VIRB Edit desktop software and is only available for videos stitched in camera.

20px) Ta(start) Ta(c)--sm" data-reactid="35">
h) Trs($transition-readmore) Mah(0)" data-reactid="38">

3Augmented reality overlays require mobile or desktop VIRB app before sharing.

4Voice control available for English (US, UK), French, Italian, German, Spanish, Swedish, Japanese, and Mandarin.

5Live streaming only available on compatible Apple devices.

6See Garmin.com/VIRBcards for compatibility.

NOTICE: For the best viewing experience, we recommend you watch 360 videos in the YouTube app on a mobile device or tablet. To view interactive 360 YouTube videos on a desktop, you’ll need Google Chrome, Mozilla Firefox or Microsoft Edge.

About Garmin International Inc.:

Garmin International Inc. is a subsidiary of Garmin Ltd. (GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, ANT+ and VIRB are trademarks of Garmin Ltd. or its subsidiaries and are registered in one or more countries including the U.S. G-Metrix is a trademark of Garmin Ltd. or its subsidiaries. Apple is a trademark of Apple Inc., registered in the U.S. and other countries. Android™ is a trademark of Google Inc. The Bluetooth® word mark and logos are registered trademarks owned by Bluetooth SIG, Inc. and any use of such marks by Garmin is under license. Wi-Fi® and the Wi-Fi logo are registered trademarks of Wi-Fi Alliance.

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 31, 2016, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170524005432/en/

MULTIMEDIA AVAILABLE:http://www.businesswire.com/news/home/20170524005432/en/






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


Post Earnings Coverage as Garmin’s Quarterly GAAP EPS More than Doubled

This post was originally published on this site

Upcoming AWS Coverage on Cubic Post-Earnings Results

LONDON, UK / ACCESSWIRE / May 22, 2017 / Active Wall St. announces its post-earnings coverage on Garmin Ltd (NASDAQ: GRMN). The Company released its first quarter fiscal 2017 financial results on May 3, 2017. The maker of personal navigation devices exceeded top and bottom-line expectations and also reiterated its outlook for FY17. Register with us now for your free membership at:

http://www.activewallst.com/register/

One of Garmin’s competitors within the Scientific & Technical Instruments space, Cubic Corp. (NYSE: CUB), reported on May 08, 2017, its financial results for the quarter and six months ended March 31, 2017. AWS will be initiating a research report on Cubic in the coming days.

Today, AWS is promoting its earnings coverage on GRMN; touching on CUB. Get our free coverage by signing up to:

http://www.activewallst.com/register/

Earnings Reviewed

For the three months ended April 01, 2017, Garmin reported total revenue of $638.55 million, up 2% compared to revenue of $624.04 million in Q1 FY16, with marine, outdoor, aviation, and fitness collectively growing 12% over the prior year’s quarter and contributing 75% of total revenue. The Company’s revenue numbers surpassed forecasts of $633.5 million.

For Q1 2017, Garmin’s gross margin improved to 58.3% compared to 54.5% in Q1 2016. The Company’s operating margin improved to 18.2% in the reported quarter compared to 16.6% in the prior year’s corresponding quarter.

Garmin posted Q1 2017 net income of $237.8 million, or $1.26 per share, compared to earnings of $88.09 million, or $0.46 per share. Earnings, adjusted for non-recurring gains, came in at $0.52 per share surpassing analysts’ consensus of $0.45 per share.

Segment Results

During Q1 2017, Garmin’s Marine segment posted robust revenue growth of 26% at $104.45 million compared to revenue of $82.88 million in Q1 2016, driven by solid lineup of chartplotters, fishfinders, and entertainment products. The segment’s gross margin increased y-o-y to 57% with product mix shifting toward new products with higher margin profiles. Operating margin improved to 17%, resulting in 76% operating income growth.

Garmin’s Outdoor segment grew 20% to $115.88 million in Q1 2017, with significant contributions from wearable devices. The segment’s gross margin improved to 63% while operating margin improved to 30%, resulting operating income growth of 24%. For Q1 2017, Garmin’s aviation segment posted revenue growth of 16% to $122.87 million, primarily driven by growth in aftermarket products. The segment’s gross and operating margins were strong at 74% and 31%, respectively, resulting in 27% operating income growth.

During Q1 2017, Garmin’s Fitness segment posted revenue of $137.83 million, down 3% compared to revenue of $142.42 million, driven by lower volume in basic activity trackers partially offset by growth in our advanced wearables with GPS. The segment’s gross and operating margins increased y-o-y to 56% and 13%, respectively, resulting in an 11% growth in operating income.

Garmin’s Auto segment recorded revenue decline of 19% in Q1 2017 to $157.52 million, primarily due to the ongoing PND market contraction partially offset by growth in its Auto OEM product lines. Gross margin remained constant at 44%, while operating margin declined year-over-year to 4%.

Financial Details

Garmin’s total operating expenses in Q1 2017 were $256 million, an 8% increase from Q1 2016. Research and development increased 13% on a y-o-y basis, driven by aviation and advanced wearable products in fitness and outdoor. Selling, general, and administrative expenses increased 7% driven primarily by legal related expenses and information technology costs.

In Q1 2017, Garmin generated $95 million of free cash flow. The Company returned cash to shareholders with quarterly dividend of approximately $96 million and share repurchases activity, which totaled approximately $28 million in Q1 2017. Garmin has approximately $47 million remaining in the share repurchase program authorized through December 31, 2017, and expect to repurchase its stock as business and market conditions warrant. Garmin ended Q1 2017 with cash and marketable securities of approximately $2.3 billion.

As announced in February 2017, Garmin’s Board will recommend to the shareholders for approval at the annual meeting to be held on June 09, 2017, a cash dividend in the total amount of $2.04 per share, payable in four equal installments on dates to be approved by the Board.

20px) Ta(start) Ta(c)--sm" data-reactid="30">
h) Trs($transition-readmore) Mah(0)" data-reactid="33">

Guidance

Garmin is maintaining its 2017 guidance of approximately $3.02 billion of revenue and approximately $2.65 of pro-forma EPS.

Stock Performance

At the closing bell, on Friday, May 19, 2017, Garmin’s stock marginally climbed 0.43%, ending the trading session at $51.22. A total volume of 696.71 thousand shares were traded at the end of the day. In the last three months and previous twelve months, shares of the Company have surged 1.80% and 34.26%, respectively. Moreover, the stock gained 6.67% since the start of the year. The stock is trading at a PE ratio of 14.67 and has a dividend yield of 3.98%.

Active Wall Street:

AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below." data-reactid="41">Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

s), read our disclosures, or for more information, visit <a href="http://pr.report/9UfQSVHW" rel="nofollow noopener" target="_blank">http://www.activewallst.com/disclaimer/</a>." data-reactid="48">This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

a) canvas-atom My(24px) My(20px)--sm Ta(c)" data-type="image" itemscope="" itemprop="associatedMedia image" itemtype="https://schema.org/ImageObject" data-reactid="56">
ib)" data-reactid="59">n) Trsdu(.42s) Bgr(nr) Bgz(cv) Maw(100%)" itemprop="url" src="https://s.yimg.com/g/images/spaceball.gif" data-reactid="60" />






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


Garmin Ltd. breached its 50 day moving average in a Bearish Manner : GRMN-US : May 19, 2017

This post was originally published on this site

*Disclaimer : This is as of previous day’s closing price.

Technical Indicators

Below is a quick look at 5 technical indicators for Garmin Ltd.. More studies are available on the Technical Chart.

Indicator Signal
Closing Price above/below 50 Day Moving Average Bearish
Closing Price above/below 200 Day Moving Average Bullish
50 Day Moving Average above/below 200 Day Moving Average Bullish
RSI Reading Level (<30 or >70) Fair Value
MACD Compared to 9D EMA Signal Line Bearish

View these and more technical studies for Garmin Ltd.

Share Price Performance Relative to Peers

With respect to peers, relative outperformance over the last year is in contrast to the more recent underperformance.

GRMN-US‘s change in share price of 27.69% for the last 12 months is better than its peer median. However, the 30-day trend in its share price performance of 3.53% is below the peer median suggesting that the company’s recent performance has faded significantly relative to peers.

Share Price Performance

Quadrant label definitions. Hover to know more

Leading, Fading, Lagging, Rising

Screen for companies using relative share price performance

Earnings Momentum

Garmin Ltd. has an earnings score of 50 and has a relative valuation of NEUTRAL.

Stocks with High Earnings Momentum are a preferred option for momentum plays. If they are undervalued, it can be a further advantage and may indicate sustained momentum.

Earnings Momentum Vs Relative Valuation

Quadrant label definitions. Hover to know more

Overvalued, High Earnings Momentum, Undervalued, High Earnings Momentum, UnderValued, Low Earnings Momentum, Overvalued, Low Earnings Momentum

Screen for companies using Earnings Momentum Score






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


ETFs with exposure to Garmin Ltd. : May 18, 2017

This post was originally published on this site

ETFs with exposure to Garmin Ltd.

Here are 5 ETFs with the largest exposure to GRMN-US. Comparing the performance and risk of Garmin Ltd. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility.

Ticker Fund Name GRMN-US Exposure (%) 1 Year Price Performance (%) 1 Year Volatility (%) Net Expense Ratio (%) Number of Holdings
SNSR-US Global X Internet of Things Thematic ETF 5.56 N/A N/A 0.68 N/A
FITS-US The Health and Fitness ETF 4.66 N/A N/A 0.5 N/A
WBIA-US WBI SMID Tactical Growth Shares 3.69 11.33 12.18 1 N/A
DVP-US Deep Value ETF 3.08 21.49 16.09 0.8 N/A
WBIC-US WBI SMID Tactical Yield Shares 2.86 9.04 10.71 1.05 N/A
GRMN-US Garmin Ltd. 100 27.56 2 0 1

Use our ETF screener to find ETFs that hold GRMN-US along with other stocks

ETFs with exposure to stocks in the same focus area as Garmin Ltd..

Here are 5 ETFs with the largest exposure to stocks in the same focus area and region as GRMN-US. These ETFs may not have the highest percentage of Garmin Ltd., but offer a broader sector/region exposure further minimizing single stock risk. Comparing the performance and risk of Garmin Ltd. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility.

Ticker Fund Name GRMN-US Exposure (%) Sector Exposure (%) 1 Year Price Performance (%) 1 Year Volatility (%) Net Expense Ratio (%) Number of Holdings
IHI-US iShares U.S. Medical Devices ETF 0 42.65 20.79 13.64 0.43 N/A
IGN-US iShares North American Tech-Multimedia Networking ETF 0 36.12 31.75 15.27 0.47 N/A
PHO-US PowerShares Water Resources Portfolio 0 29.45 15.58 12.69 0.61 N/A
PPA-US PowerShares Aerospace & Defense Portfolio 0 26.86 21.7 12.01 0.64 N/A
ITA-US iShares U.S. Aerospace & Defense ETF 0 24.39 23.09 12.89 0.43 N/A
GRMN-US Garmin Ltd. 100 100 27.56 2 0 1

Use our natural language search to find ETFs in any focus area

*Disclaimer : This is as of previous day’s close






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


Introducing the Garmin® Head-up Display (GHD) system for integrated flight decks

This post was originally published on this site

a) canvas-atom Mt(0) Mt(20px)--sm Mb(24px) Mb(22px)--sm" data-type="image" itemscope="" itemprop="associatedMedia image" itemtype="https://schema.org/ImageObject" data-reactid="10">
r) H(0)" data-reactid="13">Introducing the Garmin® Head-up Display <span>(</span><a href=GHD) system for integrated flight decks" class="Trsdu(.42s) StretchedBox W(100%) H(100%) ie-7_H(a)" itemprop="url" src="https://s.yimg.com/ny/api/res/1.2/2w7f6KGSQHpE2YFwzE5aGg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NDgwO2g9MzI0/http://globalfinance.zenfs.com/en_us/Finance/BUSINESSWIRE/08b67697970c7b26de47bdcb78ff3dd6" data-reactid="14">Introducing the Garmin® Head-up Display <span>(</span><a href=GHD) system for integrated flight decks" class="StretchedBox W(100%) H(100%) ie-7_H(a)" src="https://s.yimg.com/ny/api/res/1.2/2w7f6KGSQHpE2YFwzE5aGg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NDgwO2g9MzI0/http://globalfinance.zenfs.com/en_us/Finance/BUSINESSWIRE/08b67697970c7b26de47bdcb78ff3dd6" itemprop="url">
h) Pos(r) Ff(ss) Mah(80px)" data-reactid="16">
13px) Py(5px) Lh(1.5)" title='Garmin Head-up Display (GHD) system in the Cessna Citation Longitude (Photo: Business Wire) <a href="http://www.businesswire.com/news/home/20170517006137/en/"> Multimedia Gallery URL</a>' data-reactid="17">
Garmin Head-up Display (GHD) system in the Cessna Citation Longitude (Photo: Business Wire) Multimedia Gallery URL

bw) Cl(start) Mb(20px) Fz(15px) Lh(1.6) C(#26282a) Ff($ff-secondary) D(i)" data-reactid="21">

OLATHE, Kan.–(BUSINESS WIRE)–

Garmin International Inc., a unit of Garmin Ltd. (GRMN), today announced the Garmin Head-up Display (GHD 2100), for super-midsize, midsize and light business aircraft. The GHD system incorporates modern optical design within a single display unit, projecting a crisp, clear view of pertinent flight information while also offering superior integration with Garmin Integrated Flight Decks for a near-seamless transition between the GHD and primary flight display (PFD). The GHD is a compact, self-contained projection system with a large 30-degree by 24-degree field-of-view. Driven by the Garmin Integrated Flight Deck, the GHD projects a familiar presentation of critical flight information, symbology and more, contributing to increased safety and operational benefits and providing optimal situational awareness throughout every phase of flight.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170517006137/en/

“Industry studies indicate that flying with a HUD is safer in reduced visibilities, deteriorating weather conditions and in challenging environments,” said Carl Wolf, Garmin vice president of aviation sales and marketing. “We’ve worked hard to harmonize the GHD and Garmin’s Integrated Flight Decks so pilots are provided with a seamless in-flight experience throughout the cockpit. Pilots can expect the innovation and future growth potential available with the GHD to be matched with the same forward-thinking advancements we’ve cultivated for more than a decade with the Garmin Integrated Flight Deck and many other avionics solutions.”

Garmin is also pleased to announce the new GHD will be incorporated on the new super-midsize Cessna Citation Longitude, in conjunction with the G5000™ Integrated Flight Deck. Wolf added, “We are proud to expand our long-standing relationship with Textron Aviation by providing the latest HUD technologies on the new, state-of-the-art Citation Longitude business jet.”

Compact form factor with a wide angle field-of-view

A small, compact projection system allows the GHD to be integrated into a variety of business aircraft cockpits while also maintaining comfortable head clearance. The GHD delivers a 30-degree, wide angle field-of-view and is placed at a comfortable viewing distance from the pilot’s head position. Information is displayed in an easy to read format and delivers supreme clarity and brightness in all lighting conditions. Whether in clouds, day or night, the GHD incorporates intelligent dimming, which automatically adapts to ambient light and allows pilots to focus on flying the aircraft. Further reducing pilot workload, the GHD offers declutter mode so pilots can optimize the display to suit their needs. The GHD boasts a simplistic control interface and offers similarities in tactile operation with the Garmin Integrated Flight Deck for an even more seamless transition throughout the cockpit.

Superior integration with Garmin Integrated Flight Decks

Because the GHD is highly integrated with the Garmin Flight Deck, consistent symbology is utilized between both systems so pilots experience a near-seamless transition when flying with the PFD or with the GHD. In addition to displaying flight-critical PFD information, the GHD displays conformal attitude and flight path information overtop the real-world view, alongside navigation data, flight plan information, autopilot modes, master warning/caution annunciations and more.

Also integrated on the GHD, SurfaceWatch™ provides visual and aural cues to help prevent pilots from taking off and landing on a taxiway, on a runway that is too short or on the wrong runway based on performance data entered during preflight. For example, while on approach to a land on a runway that is snow-covered or in an airport environment with reduced visibilities, SurfaceWatch highlights and outlines the pilot-selected runway on the GHD and on the PFD so it’s easier to identify.

Flight Path Marker-based flight director

The Flight Path Marker within the GHD precisely displays where the aircraft is flying, taking into account crosswind, angle of attack and other factors that impact the dynamic position and heading of the aircraft. Coupled with a flight path-based flight director, the pilot can more easily establish desired aircraft flight path relative to the outside world. The Flight Path Marker includes additional features such as speed offset and velocity cue, allowing for precise energy management. Utilizing the Flight Path Marker, pilots are also provided with a complete view of aircraft performance information in a consolidated area. The combination of the Flight Path Marker and flight path-based flight director allows pilots to more easily establish and maintain a stabilized approach to land.

20px) Ta(start) Ta(c)--sm" data-reactid="34">
h) Trs($transition-readmore) Mah(0)" data-reactid="37">

Powerful situational awareness with Synthetic Vision Technology (SVT™)

Pilots are provided with an enhanced level of situational awareness with SVT, which presents a 3D depiction of terrain, traffic, obstacles, the runway environment and more within the GHD, supplementing the outside view with pertinent flight information. A powerful graphics processor generates the synthetic vision view, which closely resembles the same SVT view on the Garmin Integrated Flight Deck. Because the synthetic vision image replicates what the pilot would see outside the cockpit on a clear day, pilots can more easily transition from flying with the GHD to the flight display or outside view.

Poised for future growth

EVS), provide significant improvements in situational awareness in fog and other low visibility situations. Future capabilities also include integration with a Combined Vision System (CVS), which blends EVS and SVT images to present pertinent levels of detail to the pilot, particularly during approach and landing." data-reactid="41">The GHD is positioned to further expand its present capabilities. Future options such as integrating with external cameras, including Enhanced Vision Systems (EVS), provide significant improvements in situational awareness in fog and other low visibility situations. Future capabilities also include integration with a Combined Vision System (CVS), which blends EVS and SVT images to present pertinent levels of detail to the pilot, particularly during approach and landing.

ILS) approach minima." data-reactid="42">The GHD also allows the operator to pursue Special Authorization Category I (CAT I), as well as Special Authorization Category II (CAT II) Instrument Landing System (ILS) approach minima.

For additional information, visit the Garmin exhibit (H46) at the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22-24, 2017 or contact aviation.sales@garmin.com.

Garmin’s aviation business segment is a leading provider of solutions to OEM, aftermarket, military and government customers. Garmin’s portfolio includes navigation, communication, flight control, hazard avoidance, an expansive suite of ADS-B solutions and other products and services that are known for innovation, reliability, and value. For more information about Garmin’s full line of avionics, go to www.garmin.com/aviation.

For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business units, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin’s virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, or youtube.com/garmin.

About Garmin

Garmin International Inc. is a subsidiary of Garmin Ltd. (GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark and G5000, SurfaceWatch and SVT are trademarks of Garmin Ltd. or its subsidiaries.

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 31, 2016, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170517006137/en/

MULTIMEDIA AVAILABLE:http://www.businesswire.com/news/home/20170517006137/en/






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


Garmin Ltd. :GRMN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017

This post was originally published on this site

Categories: Yahoo FinanceGet free summary analysis Garmin Ltd. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Garmin Ltd. – L3 Technologies, Inc., Trimble Inc., Rockwell Collins, Inc., Motorola Solutions, Inc., FLIR Systems, Inc., TomTom International B.V. Unsponsored ADR, Honeywell International Inc., Johnson Outdoors Inc. Class … Read more
(Read more…)






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


Garmin Takes Over Active Corp to Expand Marine Offerings

This post was originally published on this site

Worldwide provider of navigation, communications and information devices, Garmin Ltd. (GRMN) recently acquired Active Corporation, a developer of leading electronic marine database.






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


What an Immigrant&#39;s Murder in Kansas Says About the U.S.

This post was originally published on this site

May.11 — Bloomberg’s Megan Murphy reports on the shooting of Garmin Ltd. employee Srinivas Kuchibhotla in Olathe, Kansas, and what it says about immigrants in America. She speaks with Bloomberg’s Scarlet Fu and Julia Chatterley on “Bloomberg Markets.”






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


Garmin® acquires Active Corporation, Developer of a leading electronic marine database

This post was originally published on this site

Garmin Ltd. today announced that it has acquired Active Corporation, a developer of crowd sourced rich content for boaters, marketed as ActiveCaptain™.






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">


What an Immigrant Murder in Kansas Says About America

This post was originally published on this site

Olathe, Kansas, became a global magnet for tech talent, thanks to plentiful jobs, cheap housing, and good schools. Then someone opened fire on a pair of Indian-born engineers.






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">






style="display:inline-block;width:468px;height:60px"

data-ad-client="ca-pub-5421222424027278"

data-ad-slot="2461208333">