Gentex Corp (GNTX) Reports In-Line Q2 EPS, Miss on Revenues; Lowers FY18 Revenue Guidance

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Gentex Reports Second Quarter 2018 Financial Results

July 20, 2018 8:00 AM EDT

ZEELAND, Mich., July 20, 2018 (GLOBE NEWSWIRE) -- 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 and six months ended June 30, 2018.

2nd Quarter 2018 Summary

Net sales growth of 3% quarter over quarterGross Margin increased from the first quarter of 2018 by 90 basis points Net Income increased 23% quarter over quarterEarnings per Diluted Share increased 29% quarter... More