Garmin Just Posted Record Q1 Revenue and a 29% EPS Beat, So Why Is the Stock Down 13% From Its Highs
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Garmin has reported record first quarter revenue, with some outlets noting the figure reached $1.75 billion. The company also announced a 29% earnings per share beat, but its stock has dropped 13% from its highs. Despite the strong quarterly results, the stock's performance has been uncertain, with some outlets discussing potential issues and others focusing on the company's upcoming ex-dividend date.
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