Garmin Reports Strong Second Quarter 2013 Results and Maintains Full Year Outlook

      2013 Update     Prior
Revenue     $2.5 - $2.6 B     $2.5 - $2.6 B
Gross Margin     53 - 54%     53 - 54%
Operating Income     ~ $500 M     $480 - $500 M
Operating Margin     ~ 20%     19 - 20%
Tax Rate     15%     14%
EPS (Pro Forma)     $2.30 - $2.40     $2.30 - $2.40

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