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Gentex Q3 Earnings, Net Sales Gain; Cuts 2024 Revenue Guidance
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Gentex Q3 Earnings, Net Sales Gain; Cuts 2024 Revenue Guidance
Oct 27, 2024 1:01 AM

08:19 AM EDT, 10/25/2024 (MT Newswires) -- Gentex ( GNTX ) reported Q3 earnings Friday of $0.53 per diluted share, up from $0.45 a year earlier.

Analysts polled by Capital IQ expected $0.47.

Net sales for the quarter ended Sept. 30 were $608.5 million, up from $575.8 million a year earlier.

Analysts surveyed by Capital IQ expected $588 million.

The company now expects 2024 revenue to be in the range of $2.35 billion to $2.40 billion, compared with $2.40 billion to $2.50 billion, previously. Analysts surveyed by Capital IQ expect $2.38 billion.

Gentex ( GNTX ) shares were up 3.5% in premarket activity Friday.

Price: 30.71, Change: +1.05, Percent Change: +3.54

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