Gentex Corp falls on quarterly profit miss

Gentex

31/01/2025 14:42

**  Shares of auto-parts manufacturer Gentex Corp  GNTX.O 
down 8.19% at $25.9
    ** GNTX reports Q4 profit of $0.39 per share, below
analysts' average estimate of $0.48, due to weakness in light
vehicle production volumes - LSEG data
    ** Posts Q4 net sales of $541.6 mln vs estimates of $599 mln
    ** Co expects 2025 revenue of $2.40 bln to $2.45 bln vs
estimates of $2.58 bln
    ** Sees 2026 revenue to be between $2.55 bln and $2.65 bln
    ** Shares fell ~12.03% in 2024




 (Reporting by Megha Kumari in Bengaluru)
 ((Megha.Kumari@thomsonreuters.com;))