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.

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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.

ZEELAND, Mich., July 22, 2022 (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 and six months ended June 30, 2022.

Gentex Reports Second Quarter 2022 Financial Results

Gentex Corporation (NASDAQ:GNTX) is an American company that develops advanced electronic products and features for the automotive, aerospace, and fire protection industries.

It Does Not Get Much Safer Than Investing in Gentex Stock

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ZEELAND, Mich., July 01, 2022 (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 second quarter 2022 financial results on Friday, July 22, 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 Second Quarter 2022 Earnings Release Date and Conference Call

ZEELAND, Mich., May 27, 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 July 20, 2022, to shareholders of record of the common stock at the close of business on July 8, 2022.

Gentex Announces Second Quarter 2022 Cash Dividend

Management is optimistic about the future despite these charts.

This Dominant Manufacturer Could Offer Shelter in a Market Storm

Gentex (GNTX) reports a y/y decline in earnings and sales. Cost-related headwinds negatively impact its gross margin.

Gentex (GNTX) Earnings & Sales Beat Estimates, Down Y/Y

Gentex Corporation (NASDAQ:GNTX ) Q1 2022 Earnings Conference Call April 22, 2022 9:30 AM ET Company Participants Josh O'Berski - Director, IR Steve Downing - President and CEO Neil Boehm - VP, Engineering and CTO Kevin Nash - VP, Finance and CFO Conference Call Participants Luke Junk - Baird David Whiston - Morningstar James Picariello - BNP Paribas Exane David Kelley - Jefferies John Murphy - Bank of America Josh Nichols - B. Riley Ryan Brinkman - JPMorgan Mark Delaney - Goldman Sachs Operator Good day, and thank you for standing by.

Gentex Corporation (GNTX) CEO Steve Downing on Q1 2022 Results - Earnings Call Transcript

Gentex Corp (NASDAQ: GNTX) reported a first-quarter FY22 sales decline of 3.2% year-on-year to $468.25 million, beating the consensus of $433.50 million. Automotive net sales declined 3.7% to $458 million.

Gentex Clocks 3% Sales Decline In Q1; Warns Of Supply Chain Woes

ZEELAND, Mich., April 22, 2022 (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, 2022.

Gentex Reports First Quarter 2022 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.

Earnings Preview: Gentex (GNTX) Q1 Earnings Expected to Decline

ZEELAND, Mich., April 01, 2022 (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 2022 financial results on Friday, April 22, 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 First Quarter 2022 Earnings Release Date and Conference Call

ZEELAND, Mich., March 29, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ:GNTX) was recently recognized by General Motors as a 2021 Supplier of the Year during GM's 30th annual Supplier of the Year awards ceremony in Phoenix, Arizona.

General Motors Names Gentex a 2021 Supplier of the Year

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Gentex holds a 94% share of the automatic-dimmable rearview mirror market. Despite fears of product obsolescence, demand for rearview mirrors will persist with the demand for self-driving capabilities.

Gentex: Profits In Mirrors Are Larger Than They Appear

ZEELAND, Mich., March 03, 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 April 20, 2022, to shareholders of record of the common stock at the close of business on April 8, 2022.

Gentex Announces First Quarter 2022 Cash Dividend

Gentex's revenue grew 3% in 2021 while light vehicle production shrunk 3%. In addition to the chip shortage, inflation in raw material, freight cost and labor wages are pressuring gross margins. Management expects this solved by the 2nd semester of 2022.

Gentex: An Opportunity To Own A Quality Asset At A Discount

Gentex (GNTX) reports lower year-over-year earnings and sales on higher costs and reduced light vehicle production.

Gentex's (GNTX) Q4 Earnings Surpass Estimates, Revenues Meet

Gentex Corporation (GNTX) CEO Steve Downing on Q4 2021 Earnings Call Transcript

Gentex (GNTX) delivered earnings and revenue surprises of 2.94% and 0.01%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Gentex (GNTX) Tops Q4 Earnings and Revenue Estimates

ZEELAND, Mich., Jan. 28, 2022 (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, 2021.

Gentex Reports Fourth Quarter and Year End 2021 Financial Results

Earnings Preview: Gentex (GNTX) Q4 Earnings Expected to Decline

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Vision-enhancement platform eSight has entered into a strategic partnership with Gentex Corp (NASDAQ: GNTX) to create assistive wearable technology for those with degenerative eyes diseases causing visual impairment. The financial terms were not disclosed.

Gentex Partners With eSight To Develop Digital Eyewear

LAS VEGAS, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX ) announced today prior to CES that it's partnering with eSight, a leading provider of vision enhancement technology, to develop and manufacture the next generation of mobile electronic eyewear designed to help people living with visual impairments.

News for Gentex Stock (GNTX)