Garmin Sales Decrease 4% in Q3 2015, EPS Down 33%

Garmin yesterday announced their financial results for the third quarter 2015 with 4 percent decline in revenue to $680 million. The Pro forma earnings per share was of $0.51 for third quarter 2015 down 33 percent against the same quarter the previous year ($0.76).

However, the GPS maker shipped approximately 3….