Gentex Corporation (NASDAQ:GNTX) stock fell Friday after the company matched profit expectations but fell short on quarterly revenue.
Management pointed to steady core demand and a stronger margin profile, even as tariffs weighed on China-linked sales.
Quarterly Metrics
The company reported fourth-quarter adjusted earnings per share of 43 cents, in line with the analyst consensus estimate. Quarterly sales of $644.401 million (+19% year over year) missed the Street view of $651.904 million.
VOXX added $103.4 million in fourth-quarter revenue.
Core Gentex revenue was $541.0 million, roughly flat year over year. That held steady despite a 2% quarterly drop in light-vehicle production across North America, Europe, and Japan/Korea.
“Revenue in these regions grew approximately 3% quarter‑over‑quarter, compared to a 2% decline in light‑vehicle production, …