When is the Next Gentex Earnings Report?
When is the next Gentex earnings report? This article provides information on the earnings estimate, the estimated date of the report, and the basis for reporting. Read on for a comprehensive analysis of the company. If you have a position in Gentex stock, you should learn when the company plans to report its next earnings. If you are looking for a reliable analyst’s prediction, we recommend Zacks Investment Research.
Gentex (GNT)
If you are looking to invest in the Gentex stock, you should review its recent earnings report. This company is a leading manufacturer of dimmable glass and other products for the automotive, aerospace, and fire protection industries. The company was first publicized in December 1981, but did not report its first profit until 1985. During this time, Gentex reported a net loss of $250000 on sales of $2.6 million, and then a loss of $527000 on sales of $5 million in 1984.
The company has been expanding its international business since 1991 and reached a record $45.1 million in sales and net income in 1992. In 1997, Gentex’s sales were at $186.3 million, topping the previous record set in 1992. The company’s mirrors contributed 90 percent of its total sales, and it expanded its business into new markets. It also increased its sales to non-domestic automakers. Its sales in foreign markets reached $115.3 million during the same period.
The company designs and manufactures proprietary electro-optical products and is the world’s largest supplier of auto mirrors. The company also manufactures and sells a full line of commercial fire protection products. The company’s corporate mission is to be smarter by enabling people to excel and innovate. Its earnings report includes a full summary of its most recent financial results. You should also consider Gentex (GNT) stock price when reviewing its earnings report.
The company’s history is quite fascinating. In addition to producing mirrors for cars, it has also pioneered the use of electrochromic glass to improve drivers’ view. Earlier, the company introduced the first convex mirror for the passenger side of cars in the United States. These autos were equipped with Gentex’s NVS technology. The company received three quality awards from domestic automakers for these innovations.
In this earnings report, the Company has made several forward-looking statements, which are based on historical reporting dates and are subject to change as the company announces the actual date. You can also check out the upcoming earnings date through Zacks Investment Research. These earnings are reported using BNRI basis, which includes stock option expenses. In the meantime, we suggest you wait for the Company’s official announcement of its earnings report.
