Gencor (GENC) Q3 Earnings & Revenues Fall Y/Y, Gross Margin Down

Gencor Industries, Inc. (GENC) reported earnings per share of 17 cents in the third quarter of fiscal 2024, which decreased 22.7% from the year-ago figure of 22 cents. Revenues in Detail Gencor registered revenues of $25.6 million in the fiscal third quarter, down 8.3% year over year. The decrease in revenues was primarily due to lower equipment sales recognized at a point in time and reduced parts and component sales. The lower revenues primarily reflect the timing of orders and shipments. The company's ba ...