Gentex Corp (GNTX) Misses Q3 EPS by 6c

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Gentex Reports Third Quarter 2021 Financial Results

October 22, 2021 8:00 AM EDT

ZEELAND, Mich., Oct. 22, 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 and nine months ended September 30, 2021.

3rd Quarter 2021 Summary

Net sales of $399.6 million, representing a 700 basis point outperformance compared to the quarter-over-quarter reduction in light vehicle production in the Company's primary marketsGross profit margin of 35.3%Net income of $76.7 million2.83 million shares repurchased during the quarter at an... More