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In an earnings call for Q1 2025, the CEO of Garmin confirmed that some future features may be reserved for Connect Plus.
Naturally, questions and concerns revolved around the impact of tariffs on Garmin's business. However, CEO Cliff Pemble also touched on the launch of its controversial Garmin Connect+ service, with ...
Garmin's plan to "mitigate" tariffs is a perfect example of how Big Tech in general will change products to keep shareholders ...
In a recent earnings call, CEO Cliff Pemble let slip that the company may reserve certain existing features "for premium offerings". Pemble didn't specify which features were being targeted ...
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However, the fear Garmin users had was that future features would end up locked behind the Garmin Connect+ paywall, and that ...
Q1 2025 Earnings Conference Call April 30, 2025 10:30 AM ETCompany ParticipantsTeri Seck - Director, IRCliff Pemble - ...
Garmin reported Q1 2025 consolidated revenue of $1.54 billion, an increase of 11% year-over-year, with three business segments achieving double-digit growth. Gross margin was 57.6%, and operating ...
Today's drop has the stock down almost 15% in the last month. It also means shares are trading at a price-to-earnings (P/E) ...
Pemble’s also spoke about how Garmin Connect+ had been received by Garmin users, saying that the response “had been positive”, which is a surprise to me. Notwithstanding the fact that ...
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