Gencor Industries In (GENC) 15.04 $GENC Gencor posts 2Q

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Jun 24, 2016 at 12:07 PM

Gencor Industries In (GENC) 15.04 $GENC

Gencor posts 2Q profit
Automated Insights - Mon May 09, 6:36PM CDT
ORLANDO, Fla. (AP) _ Gencor Industries Inc. (GENC) on Monday reported fiscal second-quarter profit of $1.6 million.
GENC: 15.04 (unch)

Gencor Releases Second Quarter Fiscal 2016 Results
GlobeNewswire - Mon May 09, 3:30PM CDT
Gencor Industries, Inc. (Nasdaq:GENC) announced today net revenue for the quarter ended March 31, 2016 increased 60.5% to $22.1 million from $13.8 million for the quarter ended March 31, 2015. Gross margin was 24.6% for the quarter ended March 31, 2016 compared with 26.4% for the quarter ended March 31, 2015. Selling, general and administrative ("SG&A"

expenses increased $414,000 to $2,190,000 for the quarter ended March 31, 2016, from $1,776,000 for the quarter ended March 31, 2015. Increased staffing along with higher sales commissions contributed to the increased SG&A expenses. Operating income for the quarter ended March 31, 2016 was $2.9 million compared to $1.5 million for the quarter ended March 31, 2015.
GENC: 15.04 (unch)

Gencor Industries Shares Up 13.9% Since SmarTrend's Buy Recommendation (GENC)
Comtex SmarTrend(R) - Tue Mar 08, 10:15AM CST
SmarTrend identified an Uptrend for Gencor Industries (NASDAQ:GENC) on February 10th, 2016 at $12.73. In approximately 4 weeks, Gencor Industries has returned 13.90% as of today's recent price of $14.50.
GENC: 15.04 (unch)

Gencor Releases First Quarter Fiscal 2016 Results
GlobeNewswire - Wed Feb 10, 8:56AM CST
Gencor Industries, Inc. (Nasdaq:GENC) announced today net revenues increased 111% to $13.3 million for the quarter ended December 31, 2015 compared to $6.3 million for the quarter ended December 31, 2014. Gross margins increased significantly from 5.5% for the quarter ended December 31, 2014 to 24.8% for the quarter ended December 31, 2015, due to improved productivity, increased revenues and cost absorption, process improvements, and lower commodity prices. Product engineering and development expenses increased $53,000 to $382,000 for the quarter ended December 31, 2015 due to increased staffing and payroll. Selling, general and administrative expenses increased $135,000 or 8.2% to $1,785,000 for the quarter ended December 31, 2015. Sales commissions and other operating expenses increased due to the higher revenues. Operating income for the quarter ended December 31, 2015 was $1.1 million, compared to an operating loss of $(1.6) million for the quarter ended December 31, 2014.
GENC: 15.04 (unch)

Gencor Industries Has Returned 24.2% Since SmarTrend Recommendation (GENC)
Comtex SmarTrend(R) - Wed Jan 13, 10:00AM CST
SmarTrend identified an Uptrend for Gencor Industries (NASDAQ:GENC) on October 16th, 2015 at $9.95. In approximately 3 months, Gencor Industries has returned 24.22% as of today's recent price of $12.36.
GENC: 15.04 (unch)

16.3% Return Seen to Date on SmarTrend Gencor Industries Call (GENC)
Comtex SmarTrend(R) - Wed Jan 06, 9:31AM CST
SmarTrend identified an Uptrend for Gencor Industries (NASDAQ:GENC) on October 16th, 2015 at $9.95. In approximately 3 months, Gencor Industries has returned 16.30% as of today's recent price of $11.57.
GENC: 15.04 (unch)

Shares of GENC Up 16.6% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Dec 28, 9:53AM CST
SmarTrend identified an Uptrend for Gencor Industries (NASDAQ:GENC) on October 16th, 2015 at $9.95. In approximately 2 months, Gencor Industries has returned 16.58% as of today's recent price of $11.60.
GENC: 15.04 (unch)

29.1% Return Seen to Date on SmarTrend Gencor Industries Call (GENC)
Comtex SmarTrend(R) - Thu Dec 10, 4:49PM CST
SmarTrend identified an Uptrend for Gencor Industries (NASDAQ:GENC) on October 16th, 2015 at $9.95. In approximately 2 months, Gencor Industries has returned 29.15% as of today's recent price of $12.85.
GENC: 15.04 (unch)

Gencor reports 4Q loss
Automated Insights - Tue Dec 08, 1:15PM CST
ORLANDO, Fla. (AP) _ Gencor Industries Inc. (GENC) on Tuesday reported a loss of $2.2 million in its fiscal fourth quarter.
GENC: 15.04 (unch)

Gencor Releases Fourth Quarter and Fiscal Year 2015 Results
GlobeNewswire - Tue Dec 08, 12:20PM CST
Gencor Industries, Inc., (NASDAQ:GENC) announced today net revenue for the quarter ended September 30, 2015 increased 69.4% to $8.3 million compared to $4.9 million for the quarter ended September 30, 2014. Gross margin as a percentage of net revenue increased 110.8% to 13.7% for the quarter ended September 30, 2015 from 6.5% for the quarter ended September 30, 2014. The increase in gross margins was due to higher revenue and a reduction in raw material costs.
GENC: 15.04 (unch)

Equity Market Movement at a Glance - Research on Ultralife, First Acceptance, Titan Pharmaceuticals and Gencor Industries
ACCESSWIRE - Wed Dec 02, 7:15AM CST
NEW YORK, NY / ACCESSWIRE / December 02, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Ultralife Corp. (NASDAQ: ULBI), First Acceptance Corp. (NYSE: FAC), Titan Pharmaceuticals Inc. (NASDAQ: TTNP) and Gencor Industries Inc. (NASDAQ: GENC). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
ULBI: 5.02 (-0.11), GENC: 15.04 (unch), TTNP: 5.50 (-0.15), FAC: 1.31 (+0.04)

8.4% Return Seen to Date on SmarTrend Gencor Industries Call (GENC)
Comtex SmarTrend(R) - Tue Aug 25, 9:55AM CDT
SmarTrend identified a Downtrend for Gencor Industries (NASDAQ:GENC) on August 6th, 2014 at $10.18. In approximately 13 months, Gencor Industries has returned 8.40% as of today's recent price of $9.32.
GENC: 15.04 (unch)

Gencor Releases Third Quarter Fiscal 2015 Results
GlobeNewswire - Wed Aug 05, 12:53PM CDT
Gencor Industries, Inc. (Nasdaq:GENC) announced today net revenue for the quarter ended June 30, 2015 increased 3.7% to $10.9 million from $10.6 million for the quarter ended June 30, 2014. Gross margin increased to 21.9% for the quarter ended June 30, 2015 from 21.6% for the quarter ended June 30, 2014. Selling, general and administrative expenses increased $146,000 to $1,703,000 for the quarter ended June 30, 2015. Operating income for the quarter ended June 30, 2015 was $345,000 compared to $372,000 for the quarter ended June 30, 2014.
GENC: 15.04 (unch)

Gencor reports lower net income of USD1.2m in Q2 fiscal 2015
M2 - Mon May 11, 5:33AM CDT
Machinery company Gencor Industries (NasdaqGM:GENC) disclosed on Friday that it recorded net income of USD1.2m (USD0.12 per basic and diluted share) for the second quarter ended 31 March 2015.
GENC: 15.04 (unch)

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