Gentex Q3: Slight Miss, Investors Watch Closely

Gentex, the auto-dimming mirror giant, just released its Q3 numbers, and Wall Street isn't thrilled. Net income hit $101 million, or 46 cents per share, a penny shy of expectations. Revenue also missed the mark by nearly $20 million, landing at $655 million. Despite the slight misses, Gentex projects full-year revenue between $2.5 and $2.6 billion. Is this a minor bump in the road, or a sign of deeper challenges ahead for the company?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.