(Updates with the latest stock price movement in the headline and first paragraph.)
Gentex (GNTX) shares fell 5.3% in Friday trading after Q2 revenue declined unexpectedly.
In the three months ended June 30, revenue dropped to $651.3 million from $657.9 million a year earlier, the company said Friday.
Analysts polled by FactSet expected $669.7 million.
Q2 adjusted earnings rose to $0.58 per diluted share from $0.50.
Analysts expected $0.50.
The company maintained its 2026 consolidated revenue guidance range of $2.65 billion to $2.75 billion. Analysts expect $2.69 billion.
The company continues to project 2027 revenue of $2.8 billion to $2.9 billion. Analysts expect $2.83 billion.
Price: $22.54, Change: $-1.27, Percent Change: -5.32%