Gentex Corp (GNTX) Misses Q2 EPS by 1c; Reaffirms Flat RCD Mirror Shipments for FY12
Gentex Corp (NASDAQ: GNTX) reported Q2 EPS of $0.28, $0.01 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $280.3 million versus the consensus estimate of $280.55 million.
As a result of the Kids Transportation Safety Act ("KTSA") delays, and the uncertainties that they have created in the automotive market, the Company continues to believe that Rear Camera Display (RCD) Mirror unit shipments will be approximately flat for calendar year 2012 versus 2011.
As a result of the Kids Transportation Safety Act ("KTSA") delays, and the uncertainties that they have created in the automotive market, the Company continues to believe that Rear Camera Display (RCD) Mirror unit shipments will be approximately flat for calendar year 2012 versus 2011.
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