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0.077922077922078 -0.025974025974026 -0.0863254392666157 -0.0706340718105424 0.00267379679144386 -0.062261268143621 -0.0143239113827349 0.0164247517188695
Stock impact report

Gentex Reports Fourth Quarter and Year End 2024 Financial Results

Gentex Corporation (GNTX) 
Last gentex corporation earnings: 4/24 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.gentex.com/investor-relations
Company Research Source: GlobeNewswire
ZEELAND, Mich., Jan. 31, 2025 (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 fourth quarter and calendar year ended December 31, 2024. Fourth Quarter and Calendar Year 2024 Highlights: Fourth Quarter 2024 Net sales of $541.6 millionGross profit margin of 32.5%Income from operations of $89.8 millionNet income of $87.7 millionEarnings per diluted share of $0.39 Calendar Year 2024 Net sales of $2.31 billion, a new annual sales recordGross profit margin of 33.3%Net income of $404.5 millionEarnings per diluted share of $1.76Full Display Mirror® ("FDM") unit shipments of 2.96 million, a 21% increase compared to calendar year 2023Cash returned to shareholders of $316.5 million, a 23% increase compared to calendar year 2023 $206.1 million in share repurchases (6.4 million shares)$110.4 million in dividends Fourth Quarter 2024 Show less Read more
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