Garmin posts 19% y/y increase in FY 2021 revenue at USD4.98 billion

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Financial results

Garmin expects a revenue of about USD5.5 billion for FY 2021 with growth across all segments

Garmin has reported a 19% year-on-year (y/y) increase in revenue for FY 2021 to USD4.98 billion, according to an official filing on 16 February.

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