Garmin lifts 2025 results forecast on strong product lineup
By
Binu Mathew
Garmin raised its annual results forecast on Wednesday, banking on strong demand for its GPS-enabled fitness devices and smartwatches.
Shares of the company jumped about 5.5% in premarket trading.
The fitness device maker is benefiting from a strong product lineup, including flagship smartwatches and a range of cycling and indoor training equipment.
