Update: Gentex Shares Fall After Surprise Q2 Revenue Drop

MT Newswires Live
Jul 25

(Updates with the latest stock price movement in the headline and first paragraph.)

Gentex (GNTX) shares fell 5.3% in Friday trading after Q2 revenue declined unexpectedly.

In the three months ended June 30, revenue dropped to $651.3 million from $657.9 million a year earlier, the company said Friday.

Analysts polled by FactSet expected $669.7 million.

Q2 adjusted earnings rose to $0.58 per diluted share from $0.50.

Analysts expected $0.50.

The company maintained its 2026 consolidated revenue guidance range of $2.65 billion to $2.75 billion. Analysts expect $2.69 billion.

The company continues to project 2027 revenue of $2.8 billion to $2.9 billion. Analysts expect $2.83 billion.

Price: 22.54, Change: -1.27, Percent Change: -5.32

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10