Gentex reports Q3 2024 net sales at $608.5 million, up 6% YOY

News
Financial results
ATI News Team

Gross profit margin rose to 33.5%, with income from operations reaching $125.7 million and net income improving by 17% year over year to $122.5 million

According to a press release on Oct. 25, Gentex Corp. has reported third-quarter 2024 net sales at $608.5 million, marking a 6% increase from the same period in 2023, despite a 6% decrease in light vehicle production in its primary markets.

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