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FOR IMMEDIATE RELEASE: February 1, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $21.3 million for the quarter ended December 31, 2018 compared to $23.1 million for the quarter ended December 31, 2017. Gross margins were 23.1% for the quarter ended December 31, 2018 compared to 22.0% for the quarter ended December 31, despite higher raw material costs, as…
FOR IMMEDIATE RELEASE: December 13, 2018 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2018 increased 10.7% to $20.5 million compared to $18.6 million for the quarter ended September 30, 2017. Gross profit as a percentage of net revenue increased to 30.9% for the quarter ended September 30, 2018 from 19.7% for the quarter ended…
FOR IMMEDIATE RELEASE: August 2, 2018 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues increased slightly to $24.1 million for the quarter ended June 30, 2018 compared to $23.7 million for the quarter ended June 30, 2017. Gross margins were 26.6% for the quarter ended June 30, 2018 compared to 28.2% for the quarter ended June 30, 2017 as material costs…
FOR IMMEDIATE RELEASE: May 3, 2018 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues increased 37% to $30.8 million for the quarter ended March 31, 2018 compared to $22.5 million for the quarter ended March 31, 2017. Gross margins were 28.4% for the quarter ended March 31, 2018 compared to 29.6% for the quarter ended March 31, 2017 as material costs…
FOR IMMEDIATE RELEASE: February 2, 2018 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues increased 46% to $23.1 million for the quarter ended December 31, 2017 compared to $15.8 million for the quarter ended December 31, 2016. Gross margins were 22.0% for the quarter ended December 31, 2017 compared to 26.3% for the quarter ended December 31, 2016 as the Company…
FOR IMMEDIATE RELEASE: December 6, 2017 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2017 increased 25.4% to $18.6 million compared to $14.8 million for the quarter ended September 30, 2016. Gross profit as a percentage of net revenue decreased to 19.7% for the quarter ended September 30, 2017 from 24.7% for the quarter ended…
FOR IMMEDIATE RELEASE: August 3, 2017 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenue for the quarter ended June 30, 2017 increased 19.5% to $23.7 million from $19.9 million for the quarter ended June 30, 2016. Gross margin was 28.2% for the quarter ended June 30, 2017 compared with 25.9% for the quarter ended June 30, 2016. Selling, general and administrative…
FOR IMMEDIATE RELEASE: May 5, 2017 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenue for the quarter ended March 31, 2017 increased $448,000 to $22.5 million from $22.1 million for the quarter ended March 31, 2016. Gross margin was 29.6% for the quarter ended March 31, 2017 compared with 24.6% for the quarter ended March 31, 2016. Selling, general and administrative…