Garmin forecasts upbeat annual results on strong wearables demand
<strong>Garmin forecasts annual-profit-revenue-on-strong-software-demand'>upbeat annual results on strong wearables demand is drawing significant interest across the industry.
Navigation device maker Garmin forecast annual revenue and profit above Wall Street estimates on Wednesday driven by strong demand for high-end wearables and fitness products, sending its shares up 13% in premarket trading.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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