Financial
Gentex Reports 3rd Quarter 2021 Financial Results
Supply chain constraints and electronic component shortages impacted third-quarter results, the company says.
Supply chain constraints and electronic component shortages impacted third-quarter results, the company says.
The company says strong organic growth and execution against strategic initiatives drove performance in Q2.
The company says record first-quarter sales to start new fiscal year as solid demand for aftermarket parts continues.
Consolidated sales of $416.4 million, were up up 37.6% year over year, reflecting a recovery from trough levels of business...
Reported net income of $97 million grew 64% and earnings per diluted share (EPS) of $0.53 grew 66%.
The company said semiconductor-related customer shutdowns and commodity inflation weighed on sales and profit.
Net sales were $3,758 million for the second quarter 2021, up 164% from $1,426 million for the second quarter 2020.
Consolidated net sales for the second quarter of 2021 were $342.1 million, compared to consolidated net sales of $247.9 million...
AAM's net income in the second quarter of 2021 was $16 million, or $0.13 per share, as compared to a...
Net sales of $603 million were up 60% year-over-year.
