Gencor Industries(GENC) - 2024 Q3 - Quarterly Results

Exhibit 99.1 GENCOR RELEASES THIRD QUARTER FISCAL 2024 RESULTS August 9, 2024 (PRIME NEWSWIRE) - Gencor Industries, Inc. (the "Company" or "Gencor") (NYSE American: GENC) announced today net revenues for the quarter ended June 30, 2024 decreased $2,326,000 to $25,551,000, from $27,877,000 for the quarter ended June 30, 2023. The decrease in revenues was in equipment sales recognized at a point in time and reduced parts sales. The lower revenues reflect the delayed timing of the shipment of orders. As a perc ...