Gentex Corp Stock Price, News & Analysis

Gentex Corporation (NASDAQ: GNTX), based in Zeeland, Michigan, will release its first quarter 2022 financial results on April 22, 2022, before the market opens. A conference call will follow at 9:30 AM ET to discuss the results, which will be accessible to the public via a live audio webcast. Interested participants can join the call by dialing (844) 389-8658 with passcode 9781438. A replay will be available approximately 24 hours post-call on the company's investor relations website.

Gentex Corporation (NASDAQ:GNTX) was honored as a 2021 Supplier of the Year by General Motors during a ceremony in Phoenix, recognizing its commitment to innovation and quality in the automotive sector. This marks the 23rd time Gentex has received this award, showcasing its long-standing partnership with GM. The Supplier of the Year award, given to 134 suppliers from 16 countries, highlights Gentex's resilience amid industry challenges. The recognition underscores Gentex's role in supplying advanced technologies, such as automatic-dimming mirrors and connected car solutions.

Gentex Corporation (NASDAQ: GNTX) declared a quarterly cash dividend of $0.12 per share, payable on April 20, 2022, to shareholders on record by the close of business on April 8, 2022. The Zeeland, Michigan-based company focuses on digital vision, connected car technologies, dimmable glass, and fire protection products. Established in 1974, Gentex supplies automatic-dimming rearview mirrors and electronics to the automotive sector, alongside fire protection solutions.

Gentex Corporation (NASDAQ: GNTX) reported financial results for Q4 and the full year 2021, posting net sales of $419.8 million for Q4 and $1.73 billion for the year, a 3% increase year-over-year. Earnings per diluted share rose 6% to $1.50 for the year. The Q4 revenue suffered from a 20% decrease in light vehicle production and component shortages. The gross margin declined to 34.3% from 40.9% in Q4 2020. The company anticipates growth in Full Display Mirror shipments and has set revenue guidance for 2022 between $1.87 - $2.02 billion.

Gentex Corporation (NASDAQ: GNTX) will showcase its advanced driver and in-cabin monitoring solutions at CES 2022 in Las Vegas. The company, a leader in electro-optical products, aims to enhance automotive safety with driver monitoring systems derived from recent acquisitions, including Guardian Optical Technologies and Vaporsens. Highlights include a comprehensive system assessing driver alertness and passenger behavior, as well as innovations in dimmable devices and integrated connectivity solutions. Gentex's booth will feature immersive demonstrations, emphasizing its commitment to evolving automotive technology.

Gentex Corporation (NASDAQ: GNTX) will announce its financial results for the fourth quarter and year-end of 2021 on January 28, 2022, before the market opens. A conference call is scheduled for 9:30 AM ET, accessible to investors and the public through a live audio webcast. The call can be joined via dial-in at (844) 389-8658, using passcode 7756476, and a replay will be available 24 hours later. Investors are encouraged to participate for insights into the company's performance.

Gentex Corporation (NASDAQ: GNTX) has partnered with eSight to develop advanced mobile electronic eyewear aimed at assisting individuals with visual impairments. This collaboration will leverage Gentex's expertise in digital vision technologies to enhance the design and functionality of eSight's innovative eyewear, which already aids users with over 20 eye conditions, potentially achieving 20/20 vision. The partnership will be showcased at CES 2022 in Las Vegas, emphasizing Gentex's commitment to utilizing its automotive safety technologies in the healthcare sector.

Gentex Corporation (NASDAQ: GNTX) has declared a quarterly cash dividend of $0.12 per share, to be paid on January 19, 2022. Shareholders must be on record by January 7, 2022 to qualify for this dividend. This announcement reflects Gentex's commitment to returning value to its shareholders. The company specializes in advanced technologies for the automotive and aviation sectors, including automatic-dimming mirrors and fire protection products. With a strong market position since its founding in 1974, Gentex continues to focus on innovation and growth.

Gentex Corporation (NASDAQ: GNTX) showcased several custom vehicle builds at the SEMA show, including a high-tech Chevrolet Silverado and a unique C8 Corvette designed by Label Motorsports. The booth highlights Gentex's advanced prototyping capabilities, emphasizing their expertise in vehicle connectivity and digital vision technologies. Notable features include a forged carbon fiber rearview mirror and a specialized trailer cam for enhanced functionality. The event runs from November 2-5 in Las Vegas, marking a return to in-person exhibitions after a hiatus.