The Latest Breaking News from Marine

Garmin Ltd (NYSE:GRMN) reported first-quarter FY22 revenue growth of 9% year-on-year to $1.17 billion, beating the consensus of $1.12 billion. Revenue from Fitness declined 28% Y/Y to $220.9 million, Outdoor rose 50% Y/Y to $384.6 million, Aviation improved 1% Y/Y to $174.8 million, Marine jumped 21% Y/Y to $254.1 million, and Auto sales…

Polaris Inc (NYSE:PII) reported first-quarter FY22 sales of $1.96 billion, missing the consensus of $2.12 billion. Sales for the quarter remained relatively flat to last year, impacted by continued supply chain pressures. Sales from Off-Road Vehicles rose 2%, Marine climbed 6%, and On-Road segment fell 4%. Adjusted EPS of $1.29 missed the consensus…

Marine confirmed on Monday that Luke Clark and Jack Dunn have joined the club

Federal authorities say a Marine Corps reservist charged in last year’s U.S. Capitol riot also schemed with a nurse to steal, forge and sell hundreds of coronavirus vaccination cards

Garmin Ltd (NYSE:GRMN) reported fourth-quarter FY21 revenue growth of 3% year-on-year to $1.39 billion, beating the consensus of $1.36 billion. Revenue from Fitness was flat Y/Y at $470 million, Outdoor declined 8% Y/Y to $378.2 million, Aviation improved 13% Y/Y to $177.6 million, Marine jumped 14% Y/Y to $196.5 million, and Auto sales…

GATX Corp (NYSE:GATX) reported fourth-quarter revenue growth of 5.3% year-over-year to $321 million, beating the consensus of $318.72 million. Adjusted EPS of $1.58 beat the consensus of $1.02. Revenue by segments: Lease $288.4 million (+5.2% Y/Y), Marine operating $5.4 million (+35% Y/Y) and others $27.2 million (+1.9% Y/Y). Rail North America segment profit…