From RTTNews:

Gentex Corporation (GNTX) reported a 36% increase in net income to $116.9 million for the fourth quarter of 2023. Earnings per share also increased by 35% to $0.50, exceeding analysts’ estimates. Net sales were $589.1 million, a 19% increase from the same period last year, with automotive net sales totaling $578.7 million. The company anticipates revenue in the range of $2.45 billion – $2.55 billion for 2024. Shares of Gentex rose 5% in pre-market trade on Friday. For more earnings news, visit rttnews.com.

Source: rttnews.com



Read more: Gentex Q4 Profit Tops Estimates; Net Sales Up 19%