Gentex Corp

GNTX: XNAS (USA)
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Gentex Earnings: Strong Operational Performance Yields Solid Quarter Despite External Pressures

Despite higher input costs on memory and commodities, Gentex's first-quarter adjusted earnings per share of $0.48 beat the $0.45 LSEG consensus. Gross margin excluding the Voxx acquisition increased 80 basis points year over year to 34%; including Voxx, margin increased 60 basis points to 33.8%.

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