ZEELAND, Mich., Jan. 03, 2025 (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 2024 financial results on Friday, January 31, 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 ...

HomeLink Car-to-Home Automation System Gentex announced today that it will unveil the newest version of its HomeLink car-to-home automation system next week at CES 2025 in Las Vegas. The latest HomeLink will be compatible with Apple CarPlay and Android Auto, operate a broad range of smart home products from leading brands such as Amazon and Samsung Smart Things, and allow users to operate certain Wi-Fi-connected garage doors via smartphone or vehicle-integrated app. ZEELAND, Mich., Jan. 02, 2025 (GLOBE ...

ZEELAND, Mich., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today announced that Gentex and VOXX International Corporation (NASDAQ:VOXX) have entered into a definitive agreement and plan of merger for Gentex to acquire VOXX in an all-cash transaction. Under the terms of the agreement, Gentex will acquire all the issued and outstanding shares of VOXX common stock not already owned by ...

GRAND RAPIDS, Mich., Dec. 03, 2024 (GLOBE NEWSWIRE) -- PhotoniCare Inc., a medical device company dedicated to delivering innovation to frontline care that demonstrably enhances patient outcomes, is pleased to announce that it has secured $4.6 million in Series B financing, formed a manufacturing partnership with Gentex Corporation for its first-in-class, FDA-cleared OtoSight™ Middle Ear Scope, and finalized the relocation of its headquarters from Champaign, Illinois to Grand Rapids, Michigan. The new money ...

ZEELAND, Mich., Nov. 26, 2024 (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 22, 2025, to shareholders of record of the common stock at the close of business on January 8, 2025. About the CompanyFounded in 1974, Gentex Corporation (The ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-10235 GENTEX CORPORATION (Exact name of registrant as specified in its charter) Michigan 38-2030505 (State or other jurisdict ...

Gentex Corporation's (GNTX) third-quarter 2024 earnings per share (EPS) of 53 cents beat the Zacks Consensus Estimate of 50 cents and increased 18% year over year. This Zeeland-based automotive products supplier reported net sales of $609 million, which missed the Zacks Consensus Estimate of $611 million but rose 6% from the year-ago period. The company recorded a gross margin of 33.5%, reflecting a rise of 30 basis points from the third quarter of 2023 due to higher sales and reduced purchasing costs. Stay ...

Core Insights - Gentex (GNTX) reported revenue of $608.53 million for Q3 2024, a year-over-year increase of 5.7% and an EPS of $0.53 compared to $0.45 a year ago, with a slight revenue miss against the Zacks Consensus Estimate of $611.33 million, resulting in a surprise of -0.46% [1] - The company delivered an EPS surprise of +6.00%, with the consensus EPS estimate being $0.50 [1] Revenue and Earnings Performance - Revenue from Automotive Products was $596.50 million, slightly below the three-analyst average estimate of $598.51 million, representing a year-over-year change of +5.7% [2] - Other revenue was reported at $12 million, compared to the average estimate of $12.99 million, reflecting a +6.2% change year-over-year [2] Auto-Dimming Mirror Shipments - Total Interior Mirrors shipped were 7.86 million, slightly below the average estimate of 7.91 million [2] - Total Exterior Mirrors shipped were 4.36 million, compared to the average estimate of 4.47 million [2] - Total Auto-Dimming Mirror Units shipped were 12.22 million, against the average estimate of 12.38 million [2] - North American Mirror Units shipped totaled 3.82 million, below the average estimate of 3.96 million [2] - International Exterior Mirrors shipped were 2.83 million, matching the average estimate [2] - North American Exterior Mirrors shipped were 1.53 million, below the average estimate of 1.64 million [2] - Total International Mirror Units shipped were 8.4 million, slightly below the average estimate of 8.42 million [2] - International Interior Mirrors shipped were 5.57 million, compared to the average estimate of 5.59 million [2] - North American Interior Mirrors shipped totaled 2.29 million, below the average estimate of 2.32 million [2] Stock Performance - Gentex shares have returned -4.2% over the past month, while the Zacks S&P 500 composite has increased by +1.4% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance against the broader market in the near term [3]

Gentex (GNTX) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6%. A quarter ago, it was expected that this maker of automatic-dimming rearview mirrors and other products would post earnings of $0.52 per share when it actually produced earnings of $0.37, delivering a surprise of -28.85 ...

Gentex Corporation (NASDAQ:GNTX) Q3 2024 Earnings Call Transcript October 25, 2024 9:30 AM ET Company Participants Josh O'Berski - Director of Investor Relations Steve Downing - President and Chief Executive Officer Neil Boehm - Chief Technology Officer Kevin Nash - Chief Financial Officer, CAO, Vice President of Finance, and Treasurer Conference Call Participants Luke Junk - Baird James Picariello - BNP Paribas Ryan Brinkman - JP Morgan Ron Jewsikow - Guggenheim Partners Josh Nichols - B. Riley Joseph Spak ...