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FOR IMMEDIATE RELEASE: February 3, 2017 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues increased 19% to $15.8 million for the quarter ended December 31, 2016 compared to $13.3 million for the quarter ended December 31, 2015. Gross margins increased to 26.3% for the quarter ended December 31, 2016 from 24.8% for the quarter ended December 31, 2015, due to increased…
FOR IMMEDIATE RELEASE: December 2, 2016 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2016 increased 79.3% to $14.8 million compared to $8.2 million for the quarter ended September 30, 2015. Gross margin as a percentage of net revenue increased 80.3% to 24.7% for the quarter ended September 30, 2016 from 13.7% for the quarter…
FOR IMMEDIATE RELEASE: August 9, 2016 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenue for the quarter ended June 30, 2016 increased 81.6% to $19.9 million from $10.9 million for the quarter ended June 30, 2015. Gross margin increased to 25.9% for the quarter ended June 30, 2016 from 21.9% for the quarter ended June 30, 2015. Selling, general and administrative…
FOR IMMEDIATE RELEASE: May 9, 2016 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenue for the quarter ended March 31, 2016 increased 60.5% to $22.1 million from $13.8 million for the quarter ended March 31, 2015. Gross margin was 24.6% for the quarter ended March 31, 2016 compared with 26.4% for the quarter ended March 31, 2015. Selling, general and administrative…
FOR IMMEDIATE RELEASE: February 10, 2016 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues increased 111% to $13.3 million for the quarter ended December 31, 2015 compared to $6.3 million for the quarter ended December 31, 2014. Gross margins increased significantly from 5.5% for the quarter ended December 31, 2014 to 24.8% for the quarter ended December 31, 2015, due to…
FOR IMMEDIATE RELEASE: December 8, 2015 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ:GENC) announced today net revenue for the quarter ended September 30, 2015 increased 69.4% to $8.3 million compared to $4.9 million for the quarter ended September 30, 2014. Gross margin as a percentage of net revenue increased 110.8% to 13.7% for the quarter ended September 30, 2015 from 6.5% for the quarter ended…
FOR IMMEDIATE RELEASE: August 5, 2015 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenue for the quarter ended June 30, 2015 increased 3.7% to $10.9 million from $10.6 million for the quarter ended June 30, 2014. Gross margin increased to 21.9% for the quarter ended June 30, 2015 from 21.6% for the quarter ended June 30, 2014. Selling, general and administrative…
FOR IMMEDIATE RELEASE: May 8, 2015 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenue for the quarter ended March 31, 2015 decreased 5.4% to $13.8 million from $14.5 million for the quarter ended March 31, 2014. Gross margin increased to 26.4% for the quarter ended March 31, 2015 from 25.4% for the quarter ended March 31, 2014. Selling, general and administrative…