Gentex Corp (GNTX) Tops Q1 EPS by 1c

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Gentex Reports First Quarter 2019 Financial Results

April 24, 2019 8:02 AM EDT

ZEELAND, Mich., April 24, 2019 (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 months ended March 31, 2019.

1st Quarter 2019 Summary

Net Sales growth of 1% quarter over quarter versus a 7% quarter over quarter reduction in global light vehicle production volumesGross Margin of 36.2%, including negative tariff impact of 90 basis pointsEarnings per Diluted Share at $0.40 per share4.7 million shares repurchased during the... More