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Gentex Corporation - $GNTX STOCK NEWS

Welcome to our dedicated page for Gentex Corporation news (Ticker: $GNTX), a resource for investors and traders seeking the latest updates and insights on Gentex Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gentex Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gentex Corporation's position in the market.

Rhea-AI Summary
Gentex Corporation reports Q2 2023 financial results with net sales of $583.5 million, a quarterly sales record, and a 26% increase compared to Q2 2022. Unit shipments also reached a quarterly record with 12.9 million, a 21% increase. Gross profit margin increased to 33.1%, and income from operations rose by 48%. Net income increased by 51% to $109.2 million, and earnings per diluted share rose by 52% to $0.47.
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3.59%
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0.24%
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Rhea-AI Summary
The Gentex Foundation has announced the first recipients of the Amanda Clark Scholarship, a program supporting female high school seniors pursuing STEM degrees. The scholarship committee selected two winners who will each receive a $5,000 college scholarship for the 2023-2024 school year. The scholarship is renewable for up to three years, providing a total of $20,000 in college tuition support.
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0.99%
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-1.28%
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4.75%
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-0.46%
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Gentex Corporation

Nasdaq:GNTX

GNTX Rankings

GNTX Stock Data

8.01B
230.71M
0.25%
89.62%
1.82%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
United States of America
ZEELAND

About GNTX

gentex is a global, high technology electronics company that is managed by engineers and others who understand the freedom and discipline that's required to run an entrepreneurial company. we are a unique, profitable company that is vertically integrated in highly automated electronics, cmos camera development and manufacturing, vacuum coatings, and glass bending and fabrication. we specialize in a broad spectrum of technologies and processes to deliver high quality products to the automotive, aerospace and fire protection industries.