Gencor Q2 FY26 net income falls 1.7% to $5.99 million; revenue drops to $33.8 million
Gencor Industries, Inc.
Gencor Industries, Inc. GENC | 0.00 |
- Gencor reported fiscal second-quarter net income slipped 1.7% to $5.99 million, with EPS of $0.41.
- Net revenue fell to $33.8 million from lower contract equipment revenue recognized over time, while gross profit margin widened 2 percentage points to 31.7%.
- Operating income rose 10.4% to $7.16 million as SG&A expenses decreased to $2.92 million.
- Backlog climbed to $60.5 million, more than doubling year over year; Marc Elliott cited a slow start to the season delaying asphalt plant orders earlier in the fiscal year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gencor Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605080842PRIMZONEFULLFEED9716430) on May 08, 2026, and is solely responsible for the information contained therein.
