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AI brief of an SEC Form 8-K · Gentex (GNTX)

Gentex Q1 2024 net sales hit record $590.2 million; EPS rose 12% to $0.47

Positive Impact 3 of 5 earnings Written later

Gentex reported first quarter 2024 results with record net sales of $590.2 million, up 7% from a year earlier, and diluted earnings per share of $0.47, up 12%. The company left its 2024 annual guidance unchanged, which keeps the revenue target at $2.45 to $2.55 billion for shareholders to track.

Key points

  • Net sales of $590.2 million, up 7% from $550.8 million in Q1 2023, a quarterly record
  • Net income of $108.2 million, up 11%; diluted EPS of $0.47 versus $0.42
  • Gross margin of 34.3%, up 260 basis points from 31.7%, but down slightly from the fourth quarter of 2023
  • 2024 annual guidance unchanged: revenue $2.45 to $2.55 billion, gross margin 34% to 35%

The filing

CompanyGentex (GNTX)
Form8-K, current report
Filed with the SECApr 26, 2024, 8:00 AM ET
Accession number0000355811-24-000024

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 26, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.