Garmin Ltd (NYSE:GRMN)
$ 208.045 -1.315 (-0.63%) Market Cap: 39.95 Bil Enterprise Value: 37.92 Bil PE Ratio: 26.40 PB Ratio: 5.32 GF Score: 92/100

Q4 2018 Garmin Ltd Earnings Call Transcript

Feb 20, 2019 / 03:30PM GMT
Release Date Price: $83.06 (+17.04%)
Operator

Good day, ladies and gentlemen, and welcome to the Garmin Ltd. Fourth Quarter 2018 Earnings Conference Call. (Operator Instructions)

I would now like to introduce your host for today's conference, Ms. Teri Seck, Manager of Investor Relations. Ma'am, you may begin.

Teri Seck
Garmin Ltd. - Manager of IR

Good morning. We'd like to welcome you to Garmin Ltd.'s Fourth Quarter 2018 Earnings Call.

Please note that the earnings press release and related slides are available at Garmin's Investor Relations site on the Internet at www.garmin.com/stock. An archive of the webcast and related transcript will also be available on our website.

As a reminder, we adopted the new U.S. GAAP revenue standards in the first quarter of 2018. The prior periods presented here have been restated to reflect adoption of this standard.

This earnings call includes projections and other forward-looking statements regarding Garmin Ltd. and its business. Any statements regarding our

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