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News Watch
- 10/17/2008 2:15:36 PM
By Chip Brian, SmarTrend Analytics Team
Today, navigational device maker, Garmin (NASDAQ:GRMN), posted earnings results for its fiscal 2Q. Net income, for period that ended June 28, was up to $256.1 million, or $1.19 per share, from $214.4 million, or $0.98 per share, in the year-ago period. Revenue also increased to $912 million from last year's $742 million. Garmin also pushed back the release of its smart phone, the Nuviphone, until the first half of the 2009 fiscal year.
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