Gentex Lowers FY14 Revenue Outlook From $2.45B - $2.55B To $2.40B - $2.50B Vs. $2.45B Est.
Portfolio Pulse from Benzinga Newsdesk
Gentex Corporation has revised its FY14 revenue outlook downward from the previous range of $2.45 billion - $2.55 billion to a new range of $2.40 billion - $2.50 billion, compared to the $2.45 billion estimate.
July 26, 2024 | 12:04 pm
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Gentex Corporation has lowered its FY14 revenue outlook to a range of $2.40 billion - $2.50 billion from the previous range of $2.45 billion - $2.55 billion. This adjustment is slightly below the $2.45 billion estimate.
The downward revision of the revenue outlook indicates potential challenges in meeting previous expectations, which could negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100