Gentex Q2 EPS $0.36, rev $428M (+86% YoY); H2 guidance $970M-$1.07B

GENTEX CORP

2021-Q2 EPS reported $0.82 revenue$911,729,865

Net sales $428M (+86% YoY); EPS $0.36 vs -$0.01 loss; gross margin 35.4% vs 19.1%.
Auto-dimming mirror shipments up 98% YoY; exterior mirror shipments up 140%.
Repurchased 3.4M shares for $115.9M in Q2.
H2 2021 revenue guidance $970M-$1.07B; gross margin 37.5%-38.5%.
Estimates 2022 revenue 10-15% higher than 2021 estimate of $1.88-1.98B.

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