According to an article released by the Kansas City Star, GPS manufacturer Garmin Ltd., headquarted in Olathe, Kan., increased revenue across the board in the first quarter of 2012, and its stock rose nearly four percent. Total revenue for the months of January, February and March 2012 reached $557 million – a ten percent increase from first quarter of 2011.
Garmin officials said the company sold 2.7 million units in Q1 2012, up seven percent from one year ago. Read the full story.
Kansas City Star | May 2012