ORLANDO, Fla., Dec. 13, 2013 (GLOBE NEWSWIRE) -- Gencor Industries, Inc., (Nasdaq:GENC) announced today net revenue for the year ended September 30, 2013 was $48.9 million compared to $63.2 million for the year ended September 30, 2012, a 22.5% decrease. Gross margin as a percentage of net revenue increased to 22.5% for the year ended September 30, 2013 from 19.0% for the year ended September 30, 2012. Operating income for the year ended September 30, 2013 was $2.6 million compared to $0.4 million for the year ended September 30, 2012.
Gencor Releases Fiscal Year And Fourth Quarter 2013 Results
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.