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

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

October 21, 2015 8:02 AM EDT

ZEELAND, MI -- (Marketwired) -- 10/21/15 -- Gentex Corporation (NASDAQ: GNTX) the Zeeland, Michigan-based manufacturer of automotive automatic-dimming rearview mirrors, automotive electronics, dimmable aircraft windows, and fire protection products, today reported financial results for the three months ended September 30, 2015.

3rd Quarter 2015 Highlights

Revenue growth of 11% quarter over quarter Gross Margin improved from 38.4% to 39.0% sequentially from the 2nd quarter 2015 Operating Income increased by 13% quarter over quarter Net Income increased by 8% quarter over quarter... More