Garmin forecasts 2025 results above estimates on strong outdoor wearables demand


FILE PHOTO: A large replica of a fitness smartwatch from Garmin is on display the international consumer technology fair IFA in Berlin, Germany September 2, 2022. REUTERS/Lisi Niesner/File photo

(Reuters) - Swiss navigation device maker Garmin forecast full-year results above Wall Street estimates on Wednesday, banking on continued momentum in its outdoor and auto OEM segments.

Its U.S.-listed shares were up 8.9% in early trading.

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