Gentex Corporation (NASDAQ:GNTX) shares moved higher Friday after the company reported first-quarter results that exceeded Wall Street expectations, supported by strong demand for advanced features.
The firm also raised its sales outlook, signaling confidence in its growth trajectory despite ongoing headwinds in global vehicle production.
Quarterly Details
The company reported first-quarter adjusted earnings of 48 cents per share, topping the analyst consensus estimate of 45 cents. Quarterly revenue rose 17% year over year to $675.44 million, beating the Street view of $648.71 million.
VOXX contributed $88.6 million in revenue during the first quarter of 2026. Core Gentex revenue reached $586.8 million, increasing 2% sequentially despite a decline in global light vehicle production.
“Core Gentex revenue growth in …
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