Gencor Industries

GENC

Market cap $213M

ORLANDO, Fla., May 12, 2026 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) hereby withdraws and retracts its press release dated May 8, 2026, titled “Gencor Industries, Inc. Releases Second Quarter Fiscal 2026 Results” (the “Prior Release”). The Prior Release was issued before the Company had completed its review of the Company's financial statements for the quarter ended March 31, 2026 and should be disregarded in its entirety. Investors and other recipients should not rely on any information contained in the Prior Release, including the preliminary results of operations for the quarter ended March 31, 2026 reported therein.

ORLANDO, Fla., May 08, 2026 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenue for the quarter ended March 31, 2026 was $33,799,000 compared with $38,204,000 net revenue for the quarter ended March 31, 2025.

LOS ANGELES, April 14, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Gencor Industries , Inc. , (“ Gencor " or the "Company") ( NYSE : GENC ) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Gencor Industries offers compelling value, trading at a deep discount to book and EV/EBITDA multiples versus peers. GENC boasts a fortress balance sheet, with $136.3 million in cash and no debt against a $197.2 million market cap. Despite mixed cash flow trends and tepid end-market growth, GENC's risk profile is minimal due to its liquidity and asset composition.

Gencor Industries, Inc. presents a compelling value opportunity, trading near cash value with a fortress balance sheet and zero debt. GENC's backlog rebounded sharply to $57.4M, signaling renewed demand as infrastructure spending uncertainties resolve and margin expansion continues. Key catalysts include resolution of SEC filing delays, leadership transition, and a likely highway bill reauthorization favoring GENC's core markets.

Gencor Industries maintains a bullish outlook, supported by rising gross margins, a robust backlog, and a pristine balance sheet. GENC's Q1 revenue declined year-over-year, but gross margin improved due to strong aftermarket sales and operational efficiency. The company's adjusted return on capital is materially higher than reported, reflecting efficient use of capital and significant cash reserves.

Gencor reports stronger margins and a growing backlog in its first-quarter fiscal 2026, as robust aftermarket sales cushion weaker equipment demand.

ORLANDO, Fla., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenue for the quarter ended December 31, 2025 was $23,577,000 compared with $31,416,000 for the quarter ended December 31, 2024 a decrease of $7,839,000. Net revenue from contract equipment sales decreased in the quarter ended December 31, 2025. The decrease in contract equipment sales was due primarily to delays and uncertainty around replacement of the current five year Federal infrastructure spending bill which is scheduled to expire on September 30, 2026. As a percent of sales, gross profit margins were 28.7% in the quarter ended December 31, 2025, compared to 27.6% in the quarter ended December 31, 2024. The improved gross margins were driven by increased parts and components sales which typically have a higher margin compared to contract equipment sales.

AXR and GENC appear undervalued.

ORLANDO, Fla., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) today announced the retirement of EJ Elliott, who serves as the Executive Chairman of the Company's Board of Directors (the “Board”), effective December 31, 2025.