Gentex, a company known for its automotive products, reported a Q4 GAAP EPS of $0.39, missing estimates by $0.10. Their revenue was $541.6 million, which was an 8.1% decrease year-over-year and fell short of expectations by $58.92 million. The company’s effective tax rate for the quarter was 10.3%, influenced by foreign-derived income. Looking ahead, Gentex has set its sights on FY25 with an outlook that reflects these recent financial performances.
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