Gentex

Gentex Corp. is a technology company, which engages in the design, development, and manufacture and supply of digital vision, connected car, dimmable glass, and fire protection products. The firm operates through Automotive Products and Other segments. The Automotive Products segment operates in virtually all the foregoing facilities. The Other segment operates in certain Zeeland, Michigan facilities, as well as research and development offices in Salt Lake City, Utah and Santa Clara, CA. Its products include automatic-dimming rearview mirrors, dimmable aircraft windows, and commercial smoke alarms and signaling devices for the fire protection industry. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.

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Gentex (GNTX) reports record sales and tech innovation outlook

Gentex's strong financial performance in Q4 2022 and record full-year net sales demonstrate resilience and growth potential. Despite cost challenges and a forecast adjustment, the company's focus on innovation and market expansion positions it well for the future. Strategic efforts to improve margins and manage costs indicate a proactive approach to sustainable growth.

Gentex achieves record sales in Q1 2023 amidst margin challenges

Gentex delivered robust financial performance in Q1 2023, driven by record sales and operational efficiency.
While facing margin challenges from cost pressures, the company's focus on innovation and cost management positions it for future growth.
Opportunities lie in margin improvement initiatives, product innovation, and market expansion, supported by positive industry trends.
Overall, Gentex's strategic initiatives and strong market position set a positive trajectory for future performance and shareholder value.

Gentex (GNTX) reports stellar Q2 results, eyes growth opportunities

Gentex delivered robust financial performance in Q2 2023, with significant sales and income growth. The company's emphasis on cost reduction, margin improvement, and strategic growth initiatives bode well for future prospects. Challenges in managing inflation and acquisitions require careful navigation, but opportunities in new product launches and revenue growth are promising.

Gentex (GNTX) excels in Q3 2023, eyes revenue growth and innovation

Gentex (GNTX) delivered a robust performance in Q3 2023, marked by revenue growth, improved profitability, and strong market demand for automotive products.
While facing challenges such as rising expenses and production declines, the company is well-positioned to capitalize on opportunities for revenue expansion and operational optimization.
By focusing on cost management, product innovation, and strategic growth initiatives, Gentex aims to achieve its financial targets and sustain long-term success in the automotive technology sector.
Overall, Gentex's Q3 performance underscores its resilience, adaptability, and strategic vision in navigating market dynamics and driving sustainable growth.

Gentex reports robust Q4 earnings and eyes growth opportunities

Gentex's strong financial performance, focus on innovation, and strategic guidance for 2024 position the company for continued growth and profitability.
While facing challenges such as capacity constraints and operational expenses, Gentex's resilience and market opportunities present avenues for sustained success.
Efforts to address inventory gaps, optimize gross margins, and expand into new markets underscore Gentex's commitment to long-term value creation and competitiveness.
Overall, Gentex's financial health, product innovation, and market strategies align to drive future growth and shareholder value.

Gentex reports robust Q1 earnings, eyes China expansion opportunities

Gentex (GNTX) delivered a strong performance in Q1 2024 with revenue growth, margin improvement, and profitability enhancements.
Despite challenges in light vehicle production and tariff-related issues, the company remains focused on innovation, margin recovery, and market expansion.
With a solid financial position, ongoing R&D efforts, and a strategic shift towards top-line growth, Gentex is well-positioned for future success.
The company's emphasis on new technologies, product launches, and market opportunities underscores its commitment to sustainable growth and shareholder value.

Gentex reports Q2 sales dip, eyes growth in new products

Gentex faced sales challenges in Q2 2024 but maintained profitability through cost controls.
Investments in R&D and new products signal a focus on future growth and innovation.
Despite market adjustments impacting income, the company remains optimistic about its 2024 outlook.
Strong cash reserves and strategic initiatives position Gentex well for future opportunities.

Gentex reports robust Q3 earnings, eyes innovation for growth

Gentex delivered strong financial results in Q3 2024, showcasing resilience and growth amidst industry challenges.
While facing margin and production issues, the company's strategic investments in R&D and new products are driving profitability.
With a solid cash position and ongoing innovation efforts, Gentex is well-positioned to capitalize on future opportunities and navigate market uncertainties.

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Gentex Corp. engages in the business of designing, developing, manufacturing, marketing, and supplying digital vision, connected car, dimmable glass, and fire protection technologies including automatic-dimming rearview and non-dimming mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. It operates under the Automotive Products and Other segments. The Automotive Products segment focuses on operating virtually all the foregoing facilities. The Other segment includes dimmable aircraft windows, fire protection products, nanofiber, and medical. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.

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ZEELAND, Mich., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX ) and the ODC Network (ODC) announced today that they are partnering to create the Gentex Discovery Preschool, a unique, on-site daycare and preschool designed to provide Gentex employees with convenient, cost-effective access to quality childcare.

Gentex Partners With ODC Network to Open First-of-Its-Kind Childcare and Preschool

ZEELAND, Mich., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable January 18, 2023, to shareholders of record of the common stock at the close of business on January 6, 2023.

Gentex Announces Fourth Quarter 2022 Cash Dividend

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TROY, Mich. , Nov. 18, 2022 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Ulta Beauty (NASDAQ: ULTA) as its "Stock to Study" and Gentex (NASDAQ: GNTX) as its "Undervalued Stock" in the January/February 2023 issue for investors' informational and educational use.

BetterInvesting™ Magazine Update on Ulta Beauty and Gentex

Gentex (GNTX) sees a year-over-year decline in its bottom line but an increase in the top line. Amid market uncertainties, it modifies its outlook for 2022.

Gentex (GNTX) Lags Q3 Earnings Estimates, Revises 2022 View

Gentex Corporation (NASDAQ:GNTX ) Q3 2022 Earnings Conference Call October 28, 2022 9:30 AM ET Company Participants Josh O'Berski - Director of Investor Relations Steve Downing - President & Chief Executive Officer Kevin Nash - Vice President of Finance & Chief Financial Officer Neil Boehm - Vice President of Engineering and Chief Technology Officer Conference Call Participants Luke Junk - Baird John Murphy - Bank of America Gavin Kennedy - Jefferies Ryan Brinkman - JPMorgan Josh Nichols - B. Riley David Whiston - Morningstar James Picariello - BNP Operator Good day and thank you for standing by.

Gentex Corporation (GNTX) Q3 2022 Earnings Call Transcript

Gentex (GNTX) delivered earnings and revenue surprises of -20.51% and 0.94%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Gentex (GNTX) Q3 Earnings and Revenues Lag Estimates

ZEELAND, Mich., Oct. 28, 2022 (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, 2022.

Gentex Reports Third Quarter 2022 Financial Results

Gentex (GNTX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Gentex (GNTX)

Gentex Corporation continues to post consistent revenue growth, but profits and cash flows have been less than ideal. This may be a turnoff to investors, but shares still look attractively priced, especially after falling like they have in recent months.

Gentex Corporation: Attractive Even With Margin Deterioration

ZEELAND, Mich., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation announced today that it has established the Gentex Foundation, a charitable giving nonprofit, and has established a new scholarship for female high school seniors pursuing a degree in science, technology, engineering, or math (STEM).

Gentex Establishes Charitable Giving Foundation and Announces New Scholarship for Women Seeking STEM Degrees

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BWA vs. GNTX: Which Stock Should Value Investors Buy Now?

ZEELAND, Mich., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, is pleased to announce that it will release its third quarter 2022 financial results on Friday, October 28, before the market opens. The Company will host a conference call for the investment community at 9:30am ET to discuss the results.

Gentex Schedules Third Quarter 2022 Earnings Release Date and Conference Call

ZEELAND, Mich., Aug. 31, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable October 19, 2022, to shareholders of record of the common stock at the close of business on October 7, 2022.

Gentex Announces Third Quarter 2022 Cash Dividend

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This article is excerpted from Tom Yeung's Profit & Protection newsletter dated Aug. 9, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

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The financial performance here has been mediocre at best, in my view. The company is less profitable now than it was in both 2019 and 2021. In spite of this, the shares are trading near a multi-year-high valuation, and the dividend yield is flat. Paying more and getting about the same is not great.

Gentex Corporation: More Expensive In Spite Of A Lower Price

Gentex (GNTX) now forecasts 2022 net sales in the band of $1.87-$1.97 billion, lower than the previous guided range of $1.87-$2.02 billion.

Gentex (GNTX) Dips 8% on Q2 Earnings Miss & Tepid Guidance

Gentex Corporation (NASDAQ:GNTX ) Q2 2022 Earnings Conference Call July 22, 2022 9:30 AM ET Company Participants Josh O'Berski - Director of Investor Relations Steve Downing - President and Chief Executive Officer Kevin Nash - Vice President of Finance and Chief Financial Officer Neil Boehm - Vice President of Engineering and Chief Technology Officer Conference Call Participants Luke Junk - Robert W. Baird & Co., Inc. David Kelley - Jefferies LLC Joshua Nichols - B.

Gentex Corporation (GNTX) CEO Steve Downing on Q2 2022 Results - Earnings Call Transcript

Gentex (GNTX) delivered earnings and revenue surprises of -18.42% and 1.87%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Gentex (GNTX) Lags Q2 Earnings and Revenue Estimates

ZEELAND, Mich., July 22, 2022 (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 six months ended June 30, 2022.

Gentex Reports Second Quarter 2022 Financial Results

Gentex Corporation (NASDAQ:GNTX) is an American company that develops advanced electronic products and features for the automotive, aerospace, and fire protection industries.

It Does Not Get Much Safer Than Investing in Gentex Stock

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GNTX vs. RACE: Which Stock Should Value Investors Buy Now?

ZEELAND, Mich., July 01, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, is pleased to announce that it will release its second quarter 2022 financial results on Friday, July 22, before the market opens. The Company will host a conference call for the investment community at 9:30am ET to discuss the results.

Gentex Schedules Second Quarter 2022 Earnings Release Date and Conference Call

ZEELAND, Mich., May 27, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable July 20, 2022, to shareholders of record of the common stock at the close of business on July 8, 2022.

News for Gentex Stock (GNTX)