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Gentex (GNTX) Stock Climbs as Q2 Results Beat Estimates

NEW YORK (TheStreet) -- Shares of Gentex (GNTX) are rising 4.53% to $17.09 on Friday morning after the company posted higher-than-expected results for the 2016 second quarter.

Before today's opening bell, the Zeeland, MI-based company reported earnings of 30 cents per diluted share, topping analysts' projections by a penny.

Revenue rose 12% to $423.8 million from last year and was above Wall Street's forecasts of $417 million.

For 2016, Gentex sees revenue between $1.68 billion and $1.72 billion. Analysts are modeling revenue of $1.69...