FILING ANALYSIS · FRIDAY, OCTOBER 23
GENTEX CORP GNTX — 8-K: Results of Operations and Financial Condition
neutral
Gentex reported Q3 net sales of $647.7 million, slightly below forecast due to customer issues and delayed launches, but still achieved 2% year-over-year growth in automotive revenue despite a decline in global light vehicle production. Gross margin was 33.4%, impacted by higher precious metal costs and unfavorable product mix.
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