Gentex Reports Third Quarter 2015 Financial Results and Additional Share Repurchase Authorization

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Gentex (GNTX) Auto-Dimming Mirror Shipments Show Strong Growth in Q3; FBR Affirms at 'Outperform'

October 21, 2015 9:38 AM EDT

FBR reaffirms Gentex (Nasdaq: GNTX) with an Outperform rating and price target of $20 following Q3 results and 5 million common stock buyback plan.

Analyst Christopher Van Horn commented, The financials were about in line with the Street: EPS came in at $0.27 (versus the Street's $0.27... More

Gentex Corp (GNTX) Reports In-Line Q3 EPS; Approves 5M Share Common Stock Buyback Plan

October 21, 2015 8:08 AM EDT

Gentex Corp (NASDAQ: GNTX) reported Q3 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $389 million versus the consensus estimate of $393.44 million.

Board authorization of an additional 5 million shares for repurchase plan

Gentex Corp sees FY2015 revenue of... More