Gentex Corp (GNTX) Misses Q1 EPS by 3c, Revenues Miss

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Gentex Reports First Quarter 2021 Financial Results

April 23, 2021 8:00 AM EDT

ZEELAND, Mich., April 23, 2021 (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, 2021.

1st Quarter 2021 Summary

Net sales of $483.7 million, a 7% increase compared to the first quarter of 2020Gross profit margin of 37.9%, a 340 basis point improvement over the first quarter of 2020Net income of $113.5 million, a 27%... More