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Gentex Corp Fiscal 2025 Q3 Results Show Impact of Tariffs & Slowing Global Activity

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A high-tech Gentex interior mirror

Organic Net Sales Decline 6.3%; Organic Net Income Slides 21%

Gentex Corporation (Nasdaq: GNTX) reported its financial results for the third quarter of Fiscal 2025, and for the first time, these results betray an impact from the Trump administration’s tariff program as well as slowing global economic activity. The company is also still struggling to more fully integrate Voxx International, acquired back in April 2025, into its operations and forward planning.

Organic results – which take Voxx out of the 2025 numbers for an apples-to-apples comparison with Fiscal 2024 results – showed a notable decline in net sales and a troubling double-digit decline in net income. Read on to see what the company said about these results…and to get my take.

Read all about the Gentix Q3 Results…

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Ferrari Stock Crashes After Company Forecasts Slowing Growth; Has Luxury Run Off the Road?

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A Ferrari Laferrari
A Ferrari Laferrari [PHOTO: baronvsp / iStock][Click to enlarge]

Ferrari NV (NYSE: RACE), manufacturer of the leading luxury sports car embraced by many wealthy car enthusiasts, had its scariest ride ever on Wall Street last week, when its stock value had the single largest daily drop in the company’s history. In just one day, the value of RACE shares closed down by 15%. Does this mean trouble for the Luxury market?

Read more on what this means for Ferrari and the greater luxury market…

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With Sound United Gone, Masimo Files SEC Report Recasting Last 3 Years of Financials

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Masimo website

With the final closing of its sale of Sound United to Harman International, Masimo Corporation (Nasdaq: MASI) has now submitted a Form 8-K/A with the Securities and Exchange Commission (SEC), which seeks to provide recast financials for its last three years, taking Sound United out of its numbers. Masimo also revealed the impact of some last-minute adjustments, as per its agreement with Harman.

Why would Masimo do this? Read on…

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Masimo Completes Sale of Sound United to Harman International

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Sound United presentation at CEDIA Expo 2025
Sound United presentation to media at CEDIA Expo 2025 [Click to enlarge]

The long-awaited closing of Masimo Corp.’s (NASDAQ: MASI) sale of Sound United (formerly Masimo Consumer) to Harman International, a subsidiary of Samsung Electronics, has been formally completed. Both parties of the transaction put out their own separate announcements, with Masimo’s version quite short and perfunctory, while Harman’s gave little more than an inkling of what is to become of Sound United.

Learn all about the completion of the sale of Sound United…

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It’s Official, AVPro Global is One of the Fastest Growing Companies in America, Says Inc. 5000

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AVPro Global logo

AVPro Global Holdings, LLC – parent company of AVPro Edge, AudioControl Pro, RTI, Murideo, Bullet Train, and ThenAudio – has been officially recognized by Inc. Magazine as one of the fastest-growing private companies in America. The magazine has officially placed AVPro Global on its annual list of fast-growing companies known as – the Inc. 5000.

Learn more about AVPro Global joining the Inc. 5000…

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Masimo Loses Another Board Member in an Unexpected Resignation; Motive is a Mystery

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Masimo headquarters building

On Monday, in an 8-K filing with the Securities and Exchange Commission, Masimo Corporation (Nasdaq: MASI) informed regulators that William Jellison, a member of the Masimo Board of Directors, has resigned his position as of that same day. No reason was offered as to why Jellison chose to leave his relatively new role with the company, presenting us all with a bit of a mystery.

See more on Jellison’s resignation from the Masimo Board

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Sonos Reports Fiscal 2025 Q3 Results; Revenues Drop 13%, Reveals Net Loss of $3.4M

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Sonos, Inc. (Nasdaq: SONO) released its financial results for the third quarter of Fiscal Year 2025, which included a double-digit percentage revenue decline and a significant net loss in the millions of dollars. Yet Sonos management declared victory with new CEO Tom Conrad calling the quarter a “…solid step forward for Sonos,” and CFO Saori Casey joining in by saying, “Q3 was another quarter of solid execution…”

Are we watching the same movie here?

See all the details on the Sonos Q3 of fiscal 2025 financial performance

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Masimo Reports Fiscal 2025 Q2 Results: Revenues +8%, Op Profits +54%, EPS +78%; So Why Did Its Stock Drop 12%?

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From the Masimo website

Sound United Sale to Harman is Still on Track for Year-End

After markets closed on Tuesday, Masimo Corporation [Nasdaq: MASI] released its results for the second quarter of Fiscal Year 2025, and to my eyes, they looked really solid. Revenues grew by a respectable 8%, operating profits grew by 54%(!), operating margins improved by 520 basis points (that’s 5.2% more than last year), and earnings per share shot up an eye-popping 78%(!) What’s not to like?

Yet on Wednesday, the first trading day after these results were announced, the value of MASI shares actually dropped 12%! What?!?!

See more on the Q2 Masimo results and the market reaction…

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Tesla Signs $16.5 Billion AI Chip Supply Pact with Samsung

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Tesla vehicle at an industry event. Future Tesla vehicles will use Samsung AI chips

Enigmatic, mercurial CEO Elon Musk confirmed to Reuters news that Tesla has signed a deal with Samsung Electronics to manufacture and supply Tesla’s next-generation AI chips, the AI6. The contract is said to be valued at $16.5 billion.

Learn more on Samsung supplying the new Tesla AI chip

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Gentex, Parent of Klipsch & Onkyo, Reports Fiscal 2025 2nd Quarter Results

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Gentex automotive mirrors

Gentex Corporation (Nasdaq: GNTX) has reported its financial results for the second quarter of Fiscal 2025, the 90-day period that ended on June 30, 2025. For the most part, results looked better than initially expected, although much of the upside improvement in revenues was largely thanks to the acquisition of VOXX Int’l, the company that owns audio brands Onkyo, Integra, and Klipsch as well as other automotive electronics brands. That acquisition closed on April 1, the first day of the second quarter.

However, the profit contribution of VOXX was a different story.

Learn all about the Gentex results in its second quarter

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