Welcome to our dedicated page for Gentex news (Ticker: GNTX), a resource for investors and traders seeking the latest updates and insights on Gentex stock.
Gentex Corporation (GNTX) delivers cutting-edge solutions through its advanced digital vision systems and fire protection technologies. This news hub provides investors and industry professionals with essential updates about the company's innovations in automotive electronics, aerospace components, and safety-critical systems.
Access official press releases covering product developments, financial results, and strategic partnerships. Our curated collection features updates on manufacturing advancements, including Gentex's proprietary vacuum coating processes and CMOS camera innovations that enhance vehicle safety worldwide.
Bookmark this page for real-time updates on:
- Quarterly earnings and financial performance
- New product launches in connected car technologies
- Strategic collaborations with automotive OEMs
- Manufacturing process improvements
Stay informed about Gentex's vertical integration strategies and market leadership through our verified news stream. Check back regularly for authoritative updates directly impacting the automotive electronics sector.
Gentex (NASDAQ: GNTX) reported Q1 2025 financial results with net sales of $576.8 million, down 2% year-over-year. The company faced challenges with gross profit margin of 33.2% and earnings per share of $0.42, an 11% decrease from Q1 2024.
Key highlights include net income of $94.9 million and income from operations of $113.0 million. The company repurchased 3.1 million shares at an average price of $24.52. Automotive sales declined to $563.9 million, with auto-dimming mirror unit shipments decreasing by 7%.
Due to tariff impacts and market conditions, Gentex has revised its 2025 guidance, now expecting revenue of $2.10-$2.2 billion for primary markets and $50-$120 million for China. The company completed a strategic merger with VOXX on April 1, 2025, expected to contribute $240-$280 million in revenue for 2025, subject to tariff impacts.
Gentex (NASDAQ: GNTX) has scheduled its first quarter 2025 financial results release for Friday, April 25, before market opening. The company, a supplier of digital vision, connected car, dimmable glass, fire protection technologies and consumer electronics, will host a conference call at 9:30am ET to discuss the results.
The earnings call will be accessible to both the investment community and general public through a live audio webcast. Participants interested in asking questions during the call must pre-register to receive dial-in numbers and a unique PIN. A webcast replay will be available approximately 24 hours after the call conclusion on the company's investor relations website.
VOXX International (NASDAQ: VOXX) announced the successful closing of its acquisition by Gentex (NASDAQ: GNTX) on April 1, 2025. The all-cash transaction, valued at $7.50 per share, was overwhelmingly approved by VOXX stockholders at a special meeting held on March 31, 2025.
The acquisition brings together VOXX's expertise in automotive electronics, consumer electronics, and premium audio solutions (including brands like Klipsch®, Onkyo®, and Integra®) with Gentex's technology portfolio in automotive, aerospace, fire protection, and medical industries. The deal also includes EyeLock®, an iris biometric technology.
Following the acquisition completion, VOXX has requested the suspension of its Class A Common Stock trading on Nasdaq and withdrawal of its listing. Gentex plans to leverage VOXX's consumer product distribution capabilities while applying their engineering expertise to maximize profitability across VOXX's product lines.
Gentex (NASDAQ: GNTX) has completed the acquisition of VOXX International, a global supplier of automotive and consumer electronics and premium audio equipment. The acquisition, priced at $7.50 per share for all outstanding VOXX common stock, is expected to increase Gentex's annual revenue by $325 million to $375 million.
The acquisition includes EyeLock® iris biometric technology and the Premium Audio Company, featuring brands like Klipsch®, Onkyo®, and Integra®. Gentex plans to leverage VOXX's expertise in consumer product distribution and retail sales to expand their smart home product portfolio under PLACE® and HomeLink® brands.
Gentex aims to apply their engineering and high-volume electronics manufacturing expertise to VOXX product lines, utilizing existing automotive and consumer distribution channels to maximize profitability.
Gentex (NASDAQ: GNTX) has announced its first quarter 2025 dividend payment. The Board of Directors has declared a quarterly cash dividend of $0.12 per share, which will be paid on April 23, 2025. Shareholders who own the company's common stock at the close of business on April 9, 2025 will be eligible for this dividend payment.
Gentex, established in 1974, is a leading supplier of automatic-dimming rearview mirrors and electronics for the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products.
Gentex (NASDAQ: GNTX) reported its Q4 and full-year 2024 financial results. Q4 net sales decreased 8% to $541.6M, with gross margin declining to 32.5% from 34.5% YoY. Q4 net income was $87.7M with EPS of $0.39.
For full-year 2024, the company achieved record net sales of $2.31B, a 1% increase from 2023, despite a 4% decrease in light vehicle production in primary markets. Full-year net income was $404.5M with EPS of $1.76. Full Display Mirror shipments grew 21% to 2.96M units.
The company returned $316.5M to shareholders in 2024, including $206.1M in share repurchases and $110.4M in dividends. For 2025, Gentex forecasts revenue between $2.40B-$2.45B with gross margins of 33.5%-34.5%, targeting approximately 35% gross margin by year-end.
Gentex (NASDAQ: GNTX) has announced its role as presenting sponsor of the Michigan International Auto Show, partnering with renowned custom car builder Ringbrothers to showcase their 1970 Plymouth 'Cuda, 'INFECTED.' The show will run from January 30 to February 2, 2025, at DeVos Place in Grand Rapids.
The custom vehicle, which debuted at the SEMA Show in Las Vegas, features an 807-horsepower Hellcrate Redeye engine and required 5,600 hours of build time. At the show, Gentex will also display its digital vision, connectivity, sensing, and dimmable glass technologies, while offering employment opportunities.
As Ottawa County's largest employer, Gentex has recently expanded into Grand Rapids with a satellite manufacturing facility and a tech-hub engineering center. The company continues to demonstrate its commitment to the local community through its support of the show and the Cars for Kids Gala benefiting Mary Free Bed Kids.
Gentex (NASDAQ: GNTX) is set to showcase its latest innovations at CES 2025, featuring advanced automotive and technology products. The company will debut next-generation dimmable glass technology, including new film-based electrochromic sunroofs and sun visors with integrated displays.
Key highlights include mirror-integrated driver monitoring systems, digital rearview mirrors with OLED displays and water-shedding camera technology, and an enhanced HomeLink car-to-home automation system compatible with Apple CarPlay and Android Auto. The company's Full Display Mirror is currently featured in over 29 automaker brands and 124 vehicles globally.
The exhibition will also showcase partnerships with ADASKY for thermal imaging, SAAM for air quality monitoring, PhotoniCare for medical devices, and Solace for wireless power transmission. Additional satellite displays will feature PLACE smart home safety products and eSight assistive technologies for the visually impaired.
Gentex (NASDAQ: GNTX), a provider of digital vision, connected car, dimmable glass, and fire protection technologies, has announced its upcoming fourth quarter and year end 2024 financial results release. The results will be disclosed on Friday, January 31, before market opens.
The company will host a conference call at 9:30am ET for the investment community to discuss the results. The call will be accessible via live audio webcast for the general public. Participants interested in asking questions during the call must register to receive dial-in numbers and a unique PIN. A webcast replay will be available approximately 24 hours after the call conclusion on the company's investor relations website.
Gentex (NASDAQ: GNTX) has announced the launch of its next-generation HomeLink car-to-home automation system at CES 2025. The updated system marks HomeLink's 30th anniversary, with an estimated 110 million equipped vehicles currently on the road.
The new version introduces significant upgrades including compatibility with Apple CarPlay and Android Auto, integration with smart home products from major brands like Amazon and Samsung Smart Things, and Wi-Fi-connected garage door operation via smartphone or vehicle-integrated apps.
The system combines radio frequency (RF) technology for entry devices, Long-Range Bluetooth for global compatibility, and cloud-based API integration for smart home devices. A new HomeLink app will provide programming instructions, device compatibility updates, and remote garage door activation through partnerships with manufacturers like Genie.
