Stay updated with breaking news from Procure Space. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Garmin reported Q1 2024 results with 20% revenue growth, beating consensus. Fitness, Outdoor, Marine, and Auto segments all saw growth. Dividend and FY24 outlook were reiterated.
Garmin Ltd (NYSE:GRMN) reported fiscal first-quarter 2024 revenue growth of 20% year-on-year to $1.38 billion, beating the consensus of $1.25 billion. The GPS navigation and wearable technology company's proforma EPS of $1.42 beat the consensus of $1.01. Segments: Revenue from Fitness grew by 40% year over year to $342.89 million, with growth across all categories led by strong demand for advanced wearables. Outdoor revenue improved by 11% year over year to $366.19 million, primarily due to grow
Sirius XM Holdings reported Q1 2024 revenue of $2.16B, exceeding expectations. Adjusted EPS was in-line. Self-pay subscribers and cash flow decreased.
Investegate announcements from Merger on HANetf ICAV sub-funds (Merger Ratio)
Procure Space ETF (NASDAQ:UFO – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 1,040,000 shares, a growth of 33,448.4% from the March 15th total of 3,100 shares. Based on an average trading volume of 218,800 shares, the days-to-cover ratio […]