Automotive mirror supplier Gentex Corp. said its fourth-quarter net income rose 2.3 percent to $86.2 million as customers improved production from previous quarters.
The company, which primarily produces automatic-dimming rearview mirrors and camera-based driver-assistance systems, on Friday said net sales rose 18 percent to $493.6 million.
Gentex is typically one of the first major auto suppliers to report its quarterly results. Its earnings are seen as a predictor for other suppliers' performances.
Shares in Gentex slid 2.8 percent to close Friday at $28.38.