Gentex Corp (GNTX) Tops Q1 EPS by 2c
Gentex Corp (NASDAQ: GNTX) reported Q1 EPS of $0.33, $0.02 better than the analyst estimate of $0.31. Revenue for the quarter came in at $453.5 million versus the consensus estimate of $444.5 million.
- Net sales growth of 12% compared to 3% growth in relevant light vehicle production
- Income from Operations increased by 11%
- Discrete item tax reductions of $5.6 million
- Net Income increased by 22%
- Earnings per Diluted Share increased by 18% to $0.33 per diluted share
- 1.5 million shares repurchased during the quarter
- $41.9 million of debt repaid during the quarter
For earnings history and earnings-related data on Gentex Corp (GNTX) click here.
