Gentex

Gentex Corp. is a technology company, which engages in the design, development, and manufacture and supply of digital vision, connected car, dimmable glass, and fire protection products. The firm operates through Automotive Products and Other segments. The Automotive Products segment operates in virtually all the foregoing facilities. The Other segment operates in certain Zeeland, Michigan facilities, as well as research and development offices in Salt Lake City, Utah and Santa Clara, CA. Its products include automatic-dimming rearview mirrors, dimmable aircraft windows, and commercial smoke alarms and signaling devices for the fire protection industry. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.

Earnings data Q1 2021

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Earnings data Q4 2024

Gentex (GNTX) reports record sales and tech innovation outlook

Gentex's strong financial performance in Q4 2022 and record full-year net sales demonstrate resilience and growth potential. Despite cost challenges and a forecast adjustment, the company's focus on innovation and market expansion positions it well for the future. Strategic efforts to improve margins and manage costs indicate a proactive approach to sustainable growth.

Gentex achieves record sales in Q1 2023 amidst margin challenges

Gentex delivered robust financial performance in Q1 2023, driven by record sales and operational efficiency.
While facing margin challenges from cost pressures, the company's focus on innovation and cost management positions it for future growth.
Opportunities lie in margin improvement initiatives, product innovation, and market expansion, supported by positive industry trends.
Overall, Gentex's strategic initiatives and strong market position set a positive trajectory for future performance and shareholder value.

Gentex (GNTX) reports stellar Q2 results, eyes growth opportunities

Gentex delivered robust financial performance in Q2 2023, with significant sales and income growth. The company's emphasis on cost reduction, margin improvement, and strategic growth initiatives bode well for future prospects. Challenges in managing inflation and acquisitions require careful navigation, but opportunities in new product launches and revenue growth are promising.

Gentex (GNTX) excels in Q3 2023, eyes revenue growth and innovation

Gentex (GNTX) delivered a robust performance in Q3 2023, marked by revenue growth, improved profitability, and strong market demand for automotive products.
While facing challenges such as rising expenses and production declines, the company is well-positioned to capitalize on opportunities for revenue expansion and operational optimization.
By focusing on cost management, product innovation, and strategic growth initiatives, Gentex aims to achieve its financial targets and sustain long-term success in the automotive technology sector.
Overall, Gentex's Q3 performance underscores its resilience, adaptability, and strategic vision in navigating market dynamics and driving sustainable growth.

Gentex reports robust Q4 earnings and eyes growth opportunities

Gentex's strong financial performance, focus on innovation, and strategic guidance for 2024 position the company for continued growth and profitability.
While facing challenges such as capacity constraints and operational expenses, Gentex's resilience and market opportunities present avenues for sustained success.
Efforts to address inventory gaps, optimize gross margins, and expand into new markets underscore Gentex's commitment to long-term value creation and competitiveness.
Overall, Gentex's financial health, product innovation, and market strategies align to drive future growth and shareholder value.

Gentex reports robust Q1 earnings, eyes China expansion opportunities

Gentex (GNTX) delivered a strong performance in Q1 2024 with revenue growth, margin improvement, and profitability enhancements.
Despite challenges in light vehicle production and tariff-related issues, the company remains focused on innovation, margin recovery, and market expansion.
With a solid financial position, ongoing R&D efforts, and a strategic shift towards top-line growth, Gentex is well-positioned for future success.
The company's emphasis on new technologies, product launches, and market opportunities underscores its commitment to sustainable growth and shareholder value.

Gentex reports Q2 sales dip, eyes growth in new products

Gentex faced sales challenges in Q2 2024 but maintained profitability through cost controls.
Investments in R&D and new products signal a focus on future growth and innovation.
Despite market adjustments impacting income, the company remains optimistic about its 2024 outlook.
Strong cash reserves and strategic initiatives position Gentex well for future opportunities.

Gentex reports robust Q3 earnings, eyes innovation for growth

Gentex delivered strong financial results in Q3 2024, showcasing resilience and growth amidst industry challenges.
While facing margin and production issues, the company's strategic investments in R&D and new products are driving profitability.
With a solid cash position and ongoing innovation efforts, Gentex is well-positioned to capitalize on future opportunities and navigate market uncertainties.

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Gentex Corp. engages in the business of designing, developing, manufacturing, marketing, and supplying digital vision, connected car, dimmable glass, and fire protection technologies including automatic-dimming rearview and non-dimming mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. It operates under the Automotive Products and Other segments. The Automotive Products segment focuses on operating virtually all the foregoing facilities. The Other segment includes dimmable aircraft windows, fire protection products, nanofiber, and medical. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.

Gentex (GNTX) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.37 per share a year ago.

Gentex (GNTX) Q1 Earnings and Revenues Beat Estimates

While the top- and bottom-line numbers for Gentex (GNTX) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Gentex (GNTX) Q1 Earnings

ZEELAND, Mich., April 28, 2023 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three months ended March 31, 2023.

Gentex Reports First Quarter 2023 Financial Results

Gentex (GNTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Gentex (GNTX) Reports Next Week: What to Know Ahead of the Release

ZEELAND, Mich., April 03, 2023 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, is pleased to announce that it will release its first quarter 2023 financial results on Friday, April 28, before the market opens. The Company will host a conference call for the investment community at 9:30am ET to discuss the results.

Gentex Schedules First Quarter 2023 Earnings Release Date and Conference Call

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Gentex Corporation continues to grow nicely, with sales climbing even as 2022 proved to be a rocky year for profits and cash flows. At the end of the year, the company demonstrated some nice bottom line improvement, and the forecast for 2023 is encouraging.

Gentex Corporation: Attractive Performance Justifies Further Upside From Here

ZEELAND, Mich., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable April 19, 2023, to shareholders of record of the common stock at the close of business on April 7, 2023.

Gentex Announces First Quarter 2023 Cash Dividend

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ZEELAND, Mich., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Zeeland, Michigan-based Gentex Corporation (NASDAQ: GNTX ) announced today that it plans to open a satellite production facility that will bring 50 new jobs to the Madison Square neighborhood of Grand Rapids. By expanding its manufacturing footprint, the company hopes to boost its employee base and provide greater access to well-paying jobs as it continues to implement meaningful solutions to address the ongoing labor shortage.

Gentex to Open Production Facility in Grand Rapids

Commodity cost inflation, unfavorable product mix and volatility from customer orders give Gentex (GNTX) a hard time.

Gentex (GNTX) Misses Q4 Earnings Estimates by a Whisker

ZEELAND, Mich., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Zeeland, Michigan-based Gentex Corporation (NASDAQ: GNTX ) is once again the presenting sponsor of the 25 th Annual Michigan International Auto Show, which runs February 2-5, 2023, at DeVos Place in downtown Grand Rapids. The show is hosted annually by the Grand Rapids New Car Dealers Association and produced by ShowSpan, Inc.

Gentex to Return as Presenting Sponsor of the 25th Annual Michigan International Auto Show

Gentex Corporation (NASDAQ:GNTX ) Q4 2022 Earnings Conference Call January 27, 2023 9:30 AM ET Company Participants Josh O'Berski - Director of Investor Relations Steve Downing - President & Chief Executive Officer Kevin Nash - Vice President of Finance & Chief Financial Officer Neil Boehm - Vice President of Engineering and Chief Technology Officer Conference Call Participants Luke Junk - Baird David Kelley - Jefferies James Picariello - BNP Josh Nichols - B. Riley Ryan Brinkman - JPMorgan Mark Delaney - Goldman Sachs John Murphy - Bank of America David Whiston - Morningstar Ron Jewsikow - Guggenheim Partners Operator Good day and thank you for standing by.

Gentex Corporation (GNTX) Q4 2022 Earnings Call Transcript

Gentex (GNTX) delivered earnings and revenue surprises of -2.63% and 0.48%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Gentex (GNTX) Lags Q4 Earnings and Revenue Estimates

ZEELAND, Mich., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection products, today reported financial results for the fourth quarter and calendar year ended December 31, 2022.

Gentex Reports Fourth Quarter and Year End 2022 Financial Results

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CARBONDALE, Pa.--( BUSINESS WIRE )--On May 17, 2019, Gentex Corporation filed a lawsuit against Galvion in the United States District Court for the District of Delaware, Civil Action No. 1:19-cv-00921-MN involving helmet systems with integrated or standalone mounting rails.

Gentex Corporation Settles Lawsuit with Galvion

ZEELAND, Mich., Jan. 02, 2023 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, is pleased to announce that it will release its fourth quarter and year end 2022 financial results on Friday, January 27, 2023, before the market opens. The Company will host a conference call for the investment community at 9:30am ET to discuss the results. The call will also be available to the general public via a live audio webcast.

Gentex Schedules Fourth Quarter and Year End 2022 Earnings Release Date and Conference Call

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The results of Gentex Corporation negotiations with its customers concerning boosting prices will be an important catalyst concerning the impact on earnings in 2023. Although an increase in prices will help improve Gentex Corporation's overall margin profile, inflationary factors will remain in place in the quarters ahead.

Gentex Corporation: Lack Of Visibility On The Demand Side

ZEELAND, Mich., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX ) and the ODC Network (ODC) announced today that they are partnering to create the Gentex Discovery Preschool, a unique, on-site daycare and preschool designed to provide Gentex employees with convenient, cost-effective access to quality childcare.

Gentex Partners With ODC Network to Open First-of-Its-Kind Childcare and Preschool

ZEELAND, Mich., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable January 18, 2023, to shareholders of record of the common stock at the close of business on January 6, 2023.

Gentex Announces Fourth Quarter 2022 Cash Dividend

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BetterInvesting™ Magazine Update on Ulta Beauty and Gentex

Gentex (GNTX) sees a year-over-year decline in its bottom line but an increase in the top line. Amid market uncertainties, it modifies its outlook for 2022.

News for Gentex Stock (GNTX)