Gencor releases first quarter fiscal 2025 results

Orlando, fla., july 25, 2025 (globe newswire) -- gencor industries, inc. (the “company” or “gencor”) (nyse american: genc) announced today net revenue for the quarter ended december 31, 2024 of $31,416,000 increased 20.7% over net revenue for the quarter ended december 31, 2023 of $26,018,000. revenue from contract equipment sales recognized over time increased significantly and was slightly offset by a decrease in parts sales. as a percent of sales, gross profit margins were 27.6% in the quarter ended december 31, 2024, compared to 29.0% in the quarter ended december 31, 2023 due to a smaller contribution of parts sales to total sales in the quarter ended december 31, 2024.
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