Why Auto Component Maker Gentex Shares Are Seeing Blue Skies Today
Gentex Corp (NASDAQ: GNTX) gains as it zooms past Q4 expectations, with sales hitting $589.1 million and EPS at $0.50, surpassing analyst estimates. Gentex projects FY24 revenues of $2.45 billion - $2.55 billion, building a roadmap for achieving a 35% - 36% gross margin by year-end.