secwatch.observer — SEC 8-K summary
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Issuer:     GENTEX CORP (GNTX)
CIK:        0000355811
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0000355811-23-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gentex Q3 net sales $575.8M (+17% YoY), EPS $0.45 (+45%), gross margin expands to 33.2%
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- Net sales $575.8M (+17% YoY), unit shipments 12.6M (+10%).
- GAAP EPS $0.45, income from operations $122.4M (+41%).
- Gross margin 33.2% (up 340 bps YoY); targets 35-36% by end of 2024.
- FY2023 revenue guidance unchanged $2.2-2.3B; initial FY2024 revenue ~$2.45-2.55B.
- Repurchased 0.8M shares in Q3 at avg $32.41; 18.0M shares remain under buyback plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355811/000035581123000053/0000355811-23-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355811/000035581123000053/gntx-20231027.htm
  HTML page:      https://secwatch.observer/filing/0000355811-23-000053

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