The earnings call outlined several challenges faced by Gentex Corporation, including declines in sales and income, increased operating expenses, and significant tariff impacts affecting the China market. While there were positive developments such as new product launches and a share buyback program, the overall sentiment reflects concern about immediate financial performance and market conditions.
Company Guidance
During the call, Gentex Corporation provided detailed guidance for the fiscal year 2025, highlighting several key metrics. The company anticipates revenue in its primary markets to range between $2.1 billion and $2.2 billion, with an additional $50 to $120 million expected from China, despite halting production destined for the China market due to tariff escalations. Gross margins are forecasted to be between 33% and 34%, while operating expenses are projected at $300-$310 million. The estimated annual tax rate is expected to be between 15% and 17%. Capital expenditures are anticipated to be between $101 and $125 million, with depreciation and amortization forecasted to be $85-$90 million. The company also mentioned an expected revenue contribution from the recent merger with VOXX, estimating an annualized addition of $325 to $375 million in revenue, with $240 to $280 million expected for calendar year 2025. However, the company withdrew revenue guidance for 2026 due to significant uncertainty surrounding the China market and ongoing efforts to finalize the financial impact of the VOXX merger.
Introduction of New Products and Technologies
Announced the launch of the full display mirror and driver monitoring systems, highlighting the introduction of these advanced technologies with potential for significant growth.
Share Buyback Program
Repurchased 3.1 million shares of common stock during the first quarter, demonstrating confidence in the company's valuation and financial stability.
Innovative Fire Protection Products
Launched a new line of fire protection devices designed for direct consumer sales, showcasing innovation in non-automotive markets.
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Gentex (GNTX) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GNTX Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 25, 2025
$21.97
$21.36
-2.78%
Jan 31, 2025
$28.06
$25.77
-8.16%
Oct 25, 2024
$29.36
$30.94
+5.38%
Jul 26, 2024
$32.10
$30.76
-4.17%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gentex (GNTX) report earnings?
Gentex (GNTX) is schdueled to report earning on Jul 25, 2025, TBA Not Confirmed.
What is Gentex (GNTX) earnings time?
Gentex (GNTX) earnings time is at Jul 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.