Gentex Corp (GNTX) Reports In-Line Q3 EPS, Trims FY Revenue Guidance

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Gentex Reports Third Quarter 2018 Financial Results

October 19, 2018 8:00 AM EDT

ZEELAND, Mich., Oct. 19, 2018 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and nine months ended September 30, 2018.

3rd Quarter 2018 Summary

Net Sales growth of 5% quarter over quarterGross Margin of 37.6% including negative tariff impact of 60 basis pointsNet Income increased 23% quarter over quarterEarnings per Diluted Share increased 35% quarter over quarter to $0.42 per share7.5 million shares... More