More on Gentex's Q4

• Gentex (NASDAQ:NASDAQ:GNTX) reports Automotive net sales rose 16% to $395.9M, primarily due to a 17% increase in auto-dimming mirror unit shipments.
• Total auto-dimming mirror units +1,254 Y/Y to 8,555.
• Gross margin rate improved 180 bps to 40.2%.
• Operating margin rate increased 310 bps to 31.2%.
• FY2016 Guidance: Net sales: $1.64B to $1.72B; Gross margin: 38.5% to 39.5%; Opex: $152M to $160M; Tax rate: 31.5% to 32.5%; Capex: $115M to $130M; D&A: $90M to $100M.
• Q4 results