Gentex Corporation (GNTX) Misses Q4 EPS by 3c, FY19 Revenue Guidance Comes in Light

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Go back to Gentex Corporation (GNTX) Misses Q4 EPS by 3c, FY19 Revenue Guidance Comes in Light

Gentex Reports Fourth Quarter and Year End 2018 Financial Results

January 30, 2019 8:01 AM EST

ZEELAND, Mich., Jan. 30, 2019 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection products, today reported financial results for the fourth quarter and calendar year ended December 31, 2018.

Fourth Quarter and Calendar Year 2018 Highlights

Full display mirror unit shipments increased 116% to 390,000 units for the yearGross profit margin improved sequentially to 37.9% for the fourth quarter of 2018, which included incremental tariff headwinds of 20 basis points versus the third quarter of 2018Net income for... More