Garmin net income down 7.2% y/y to USD 172m in Q2 2013

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Financial results

Sales decline 3% y/y

Garmin has reported a net income of USD172m in the second quarter (Q2) ended 29 June 2013, a decline of 7.2% year-on-year (y/y) from USD186m recorded in the same period of the previous year, says

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