Gentex Corp.'s (GNTX) first-quarter net income edged down to $45.4 million, from $46.3 million a year earlier, while quarterly earnings per share remained flat at $0.32. On average, 12 analysts polled by Thomson Reuters expected earnings per share of $0.30 for the quarter. Analysts' estimates typically exclude one-time items.
For the first quarter of 2013, net sales decreased by seven percent to $269.5 million, from $290.7 million in the first quarter of 2012. Analysts estimated revenues of $268.13 million for the quarter.
For the second quarter of 2013, the company now sees gross profit margin to be in the same range as the gross profit margin of 34.7 percent reported in the first quarter of 2012 and 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.