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FOR IMMEDIATE RELEASE: December 31, 2011, a decrease of 28%. Operating loss for the quarter ended December 31, 2012 was $(2.0) million, compared to an operating loss of $(1.6) million for the quarter ended December 31, 2011. For the quarter ended December 31, 2012, the Company had a non-operating income of $0.2 million resulting from interest and dividend income. Net loss for the quarter ended…
FOR IMMEDIATE RELEASE: December 14, 2012 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ:GENC) announced today net revenue for the year ended September 30, 2012 was $63.2 million compared to $59.7 million for the year ended September 30, 2011, a 5.8% increase. Gross margin as a percentage of net revenue increased to 19.0% for the year ended September 30, 2012 from 15.8% for the year ended…
FOR IMMEDIATE RELEASE: August 14, 2012 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC), announced today that revenue for the third quarter ended June 30, 2012 was $23.0 million. Gross margin as a percentage of revenues increased to 25.0% for the quarter ended June 30, 2012 from 18.5% for the quarter ended June 30, 2011. Operating income for the quarter ended June 30, 2012 was…
FOR IMMEDIATE RELEASE: May 11, 2012 (PRIME NEWSWIRE) – Gencor Industries, Inc., (Nasdaq: GENC) announced today that revenue for the second quarter ended March 31, 2012 increased 16% to $19.3 million from $16.7 million for the quarter ended March 31, 2011. Gross margin as a percentage of revenues increased to 21.0% for the quarter ended March 31, 2012 from 16.0% for the quarter ended March…
FOR IMMEDIATE RELEASE: 2010. Gross margins decreased to 10.5% for the three months ended December 31, 2011 versus 12.5% in the prior year’s quarter. Selling, general and administrative expense decreased by $0.3 million to $1.8 million for the quarter ended December 31, 2011. The lower expense was due to cost cutting measures implemented during prior quarters. For the quarter ended December 31, 2011, the Company…