Gencor releases second quarter fiscal 2023 results

Orlando, fla., may 12, 2023 (globe newswire) -- gencor industries, inc. (the “company” or “gencor”) (nyse american llc: genc) announced today net revenues of $30,501,000 for the quarter ended march 31, 2023 compared to $30,654,000 for the quarter ended march 31, 2022. gross profit margins for the quarter ended march 31, 2023 were 29.8% compared with 20.2% for the quarter ended march 31, 2022 on increased efficiency, absorption and favorable price realization.
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