ORLANDO, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) previously reported that it needed additional time to complete its audit of the Annual Report on Form 10-K for the year-end September 30, 2024. In connection with this delay, the Company filed a Form 12b-25 with the Securities and Exchange Commission with respect to the Company's Annual Report on Form 10-K for the year-end September 30, 2024. The Company similarly filed a Form 12b-25 with the Securities and Exchange Commission with respect to its Quarterly Report on Form 10-Q for the period ended December 31, 2024.
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Gencor Industries, Inc. (“Gencor” or the “Company”) (NYSE American: GENC) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON GENCOR INDUSTRIES, INC. (GENC), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Hap.
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on Gencor Industries, Inc. (“Gencor” or the “Company”) (NYSE American: GENC) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN GENCOR INDUSTRIES, INC. (GENC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights.
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Gencor Industries, Inc. (“Gencor” or the “Company”) (NYSE American: GENC) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON GENCOR INDUSTRIES, INC. (GENC), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On December 17, 2024, Gencor disclosed that it woul.
Strong fundamentals, including positive net income margins, no debt, and high cash reserves, support continued growth for Gencor, despite a decline in total revenue. The recent gross margin declines, driven by steel prices and overhead absorption, are concerning but should ease as revenue normalizes during their high season, late winter to spring. Historic high backlog of $46.6 million and improved 9-month revenue and net income indicate strong demand for their products.
Despite strength in the majority of Gencor's (GENC) segments, overall topline declines year over year.
ORLANDO, Fla., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenues for the quarter ended June 30, 2024 decreased $2,326,000 to $25,551,000, from $27,877,000 for the quarter ended June 30, 2023. The decrease in revenues was in equipment sales recognized at a point in time and reduced parts sales. The lower revenues reflect the delayed timing of the shipment of orders.
Discover why Zacks rates Gencor Industries as "Outperform", being the first on Wall Street to initiate coverage on the stock. Explore GENC's strategic growth, financial health and market positioning within the infrastructure and manufacturing sectors.