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 ...

ZEELAND, Mich., April 25, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today reported financial results for the three months ended March 31, 2025. 1st Quarter 2025 Summary Net sales of $576.8 million, a 2% decrease compared to the first quarter of 2024, versus light vehicle production that was down 3% quarter over quarter in the Company's primary market ...