Gencor releases second quarter fiscal 2024 results

Orlando, fla., may 10, 2024 (globe newswire) -- gencor industries, inc. (the “company” or “gencor”) (nyse american llc: genc) announced today net revenues increased 33.4% to $40,676,000 for the quarter ended march 31, 2024 compared with $30,501,000 for the quarter ended march 31, 2023. gross profit margins for the quarter ended march 31, 2024 were 30.3% compared with 29.8% for the quarter ended march 31, 2023 on improved absorption on increased production and favorable price realization.
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