Gentex Corp (GNTX) Misses Q2 EPS by 1c

Gentex Corp (NASDAQ: GNTX) reported Q2 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $443.1 million versus the consensus estimate of $446.21 million.

• Net sales growth of 5% quarter over quarter compared to 1% decline in relevant light vehicle production
• Net Income increased by 2% quarter over quarter
• Earnings per Diluted Share increased by 3% quarter over quarter to $0.31 per diluted share
• 2.2 million shares repurchased during the quarter
• $26.9 million of debt repaid during the quarter

For earnings history and earnings-related data on Gentex Corp (GNTX) click here.

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