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
In the first quarter, it launched Forerunner 165 series, the latest addition to Garmin's wearable lineup of GPS running smartwatches, fitted with personalized adaptive training plans. Garmin's first-quarter revenue surged 20 per cent to $1.38 billion, compared with analysts' average estimate of $1.25 billion, according to LSEG data.
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