ZEELAND, Mich., June 30, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies and consumer electronics, is pleased to announce that it will release its second quarter 2025 financial results on Friday, July 25, 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 p ...

ZEELAND, Mich., June 27, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX) announced today the launch of PLACE, a new smart home safety system now available for online and in-store purchase through a national big-box retailer. PLACE is a suite of advanced, multi-feature smoke and carbon monoxide alarms designed to enhance home safety, comfort, and security with room-specific functionality. Gentex has been a leader in fire protection and sensing technology for over 50 years. The launch of PLACE in t ...

GROWTH G E N T E X Q 3 2 0 2 4 I N V E S T O R P R E S E N T A T I O N O C T 2 5 , 2 0 2 4 1 OVER MARKET SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private SecuritiesLitigation Reform Act of 1995. The statements contained in this communication that are not purely historical are forward-looking statements. Forward-looking statements give the Company's current expectations or forecasts of future event ...

Group 1 - The article emphasizes a long-term investment strategy focused on companies with strong fundamentals that are currently undervalued due to short-term challenges [1] - The market is perceived to be overly concerned with short-term issues, leading to mispricing of quality companies, which presents investment opportunities [1] - The goal is to identify these short-term mispricings to unlock long-term value for investors [1]

Contact Information Gentex Investor Relations 616-931-3505 This press release was published by a CLEAR® Verified individual. ZEELAND, Mich., May 28, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, 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 ...

Core Insights - The article reflects on the author's journey into value investing, sparked by dissatisfaction with mutual fund performance and a desire to learn about capital allocation [1]. Company Analysis - Gentex Corporation (NASDAQ: GNTX) was previously trading in the range of $20 to $22, indicating a potential area of interest for value investors [1].

Financial Performance - Net sales for Q1 2025 were $576.8 million, a decrease of 2% compared to $590.2 million in Q1 2024[102]. - Automotive net sales in Q1 2025 were $563.9 million, down 2% from $577.6 million in Q1 2024, with a 7% decrease in auto-dimming mirror unit shipments to 11.5 million units[81]. - Net income for Q1 2025 was $94.9 million, down from $108.2 million in Q1 2024, with earnings per diluted share decreasing to $0.42 from $0.47[90]. - Cash flow from operating activities increased by $18.6 million to $148.5 million in Q1 2025 compared to $129.9 million in the same period last year[95]. Expenses and Costs - Cost of goods sold as a percentage of net sales increased to 66.8% in Q1 2025 from 65.7% in Q1 2024, primarily due to lower sales levels and new tariff costs[84]. - Total operating expenses rose by 8% to $78.7 million in Q1 2025, influenced by a $2.9 million severance expense[85]. - Engineering, research, and development expenses increased by $3.7 million in Q1 2025, primarily due to staffing and professional fees[86]. Market and Production Insights - The light vehicle production forecast for Q2 2025 is 18.18 million units, a 2% decrease from Q2 2024[122]. - The Company expects light vehicle production in North America to decrease by 10% in Q2 2025 compared to Q2 2024[122]. - The Company has halted production of mirrors for the China market due to tariff escalations, leading to canceled or paused orders from customers[121]. Strategic Initiatives - The company reported 21 net new nameplate launches of auto-dimming mirrors in Q1 2025, with advanced feature launches making up 60% of these[103]. - The Company launched the Gentex ReVu app in Q1 2025, allowing users to download images or recordings from the Full Display Mirror with DVR capability[109]. - The Company expanded its distribution center by 300,000 square feet at a cost of approximately $40 million, funded with cash and cash equivalents[97]. - The Company closed the strategic merger with VOXX, expecting to add between $325 and $375 million in annualized revenue[127]. Revenue Projections - Revenue in North America, Europe, and Japan/Korea is expected to be between $2.1 and $2.2 billion[125]. - Revenue in the China market is expected to be between $50 and $120 million[125]. - Expected revenue contribution from the VOXX merger for calendar year 2025 is approximately $240 to $280 million[127]. - The Company has withdrawn revenue guidance for calendar year 2026 due to significant uncertainty surrounding the China market[124]. Shareholder Actions - The company has a share repurchase plan, having repurchased 3,100,351 shares in Q1 2025, with 6,349,047 shares remaining under the plan[101]. - The Company has 6.3 million shares remaining available for repurchase under the share repurchase plan[126]. Future Expectations - Gross Margin is expected to be between 33% and 34%[125]. - Operating Expenses are expected to be approximately $300 to $310 million[125]. - Capital Expenditures are expected to be between $100 and $125 million[125]. - Estimated Annual Tax Rate is expected to be between 15% and 17%[125].

Gentex Corporation’s (GNTX) first-quarter 2025 adjusted earnings per share (EPS) of 43 cents matched the Zacks Consensus Estimate but decreased 8.5% year over year.This Zeeland-based automotive products supplier reported net sales of $576.8 million, which missed the Zacks Consensus Estimate of $587 million and fell 2.3% from the year-ago period. The company recorded a gross margin of 33.2%, reflecting a decline of 110 basis points from the first quarter of 2024 due to lower sales, an unfavorable product mix ...

Priced as of April 17, 2025 In this note, we include the latest comp sheet and valuation metrics for global automotive OEMs (page 3), auto parts suppliers (page 5), auto auction service providers (page 13), tire manufacturers (page 14), auto rentals (page 15), and auto dealers (page 16). J P M O R G A N North America Equity Research 21 April 2025 Autos Valuation Comp Sheet Autos & Auto Parts Ryan Brinkman AC (1-212) 622-6581 ryan.j.brinkman@jpmorgan.com Rajat Gupta AC (1-212) 622-6382 rajat.gupta@jpmorgan.c ...

Gentex (GNTX) Q1 2025 Earnings Call April 25, 2025 09:21 PM ET Company Participants Josh O'Berski - Director of Investor RelationsSteve Downing - President and CEOKevin Nash - VP of Finance, CFO, Treasurer & Chief Accounting OfficerNeil Boehm - COO & Chief Technology OfficerRon Jewsikow - DirectorJoseph Spak - Managing DirectorCharlie Sloan - President Conference Call Participants Luke Junk - Senior Research AnalystRyan Brinkman - Equity Research AnalystJosh Nichols - Senior Research AnalystMark Delaney - A ...