Gencor Industries INC
Market Movers (8-K)
AMEX
Gencor Industries has successfully regained compliance with NYSE American listing standards after filing its overdue quarterly report.
Delay expected
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Gencor Industries reported a decrease in net revenue for the second quarter of fiscal 2026, primarily due to timing of orders, but saw an improvement in gross profit margins.
Worse than expected
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Gencor Industries, Inc. has appointed Raymond Cole as Interim Chief Financial Officer, effective June 1, 2026.
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Gencor Industries Inc. announced it received a notice from NYSE Regulation indicating non-compliance with continued listing standards due to a failure to file its Q1 2026 Form 10-Q on time.
Delay expected
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Gencor Industries announced that its Chief Financial Officer and Treasurer, Eric Mellen, will retire effective June 10, 2026, and the company has initiated a search for his successor.
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Gencor Industries reports a change in control following the transfer of membership interests in the E.J. Elliott Family Limited Partnership to Marc G. Elliott.
Quarterly Earnings (10-Q)
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Gencor Industries saw a 37% decline in quarterly net income due to significant trade show investments and lower revenues, despite a robust backlog and improved gross margins.
Worse than expected
AMEX
Gencor Industries reports a 25% decline in net revenue and a 9.8% drop in net income for Q1 2026, primarily due to federal infrastructure spending uncertainty, despite improved gross margins and increased backlog.
Worse than expected
AMEX
Gencor Industries, Inc. reported increased net revenue and net income for the quarter and nine months ended June 30, 2025, driven by improved gross profit margins and investment income, despite a significant decline in backlog and ongoing internal control weaknesses.
Better than expected
AMEX
Gencor Industries, a manufacturer of highway construction equipment, reported a 6.1% decrease in net revenue for the quarter ended March 31, 2025, alongside a significant reduction in backlog and ongoing internal control weaknesses, despite strong cash flow from operations.
Worse than expected
Delay expected
AMEX
10-Q: Gencor Industries Reports Mixed Q1 Results Amidst Auditor Changes and Internal Control Weaknesses
Gencor Industries reported a 20.7% increase in net revenue for the quarter ended December 31, 2024, but saw a decline in net income and gross profit margin, alongside significant internal control weaknesses and repeated SEC filing delays.
Worse than expected
Delay expected
AMEX
Gencor Industries experienced a decrease in revenue and gross profit margins in the third quarter of 2024, despite an overall increase in revenue for the first nine months of the year.
Worse than expected
Annual Reports (10-K)
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Gencor Industries, Inc. reported a 2.0% increase in net revenue and higher net income for fiscal year 2025, despite identified material weaknesses in internal control over financial reporting and a significant drop in backlog.
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Gencor Industries, a heavy machinery manufacturer, reported a 7.7% increase in net revenue for fiscal year 2024, reaching $113.2 million, but disclosed material weaknesses in internal control over financial reporting and significant delays in its SEC filings, leading to a risk of NYSE delisting.
Delay expected
Worse than expected
Insider Trading (Form 4)
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Marc G. Elliott, President and Chairman of Gencor Industries, filed an amendment to correct the transaction date of a previously reported gift of Class B Common Stock.
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Marc G. Elliott reports changes in beneficial ownership of Gencor Industries Inc. common and class B stock.
Proxy Statements (Def-14A)
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Gencor Industries announces its 2026 Annual Meeting of Stockholders to elect directors, ratify a new auditor, and hold an advisory vote on executive compensation.
Better than expected
AMEX
Gencor Industries, Inc. announced its Annual Meeting of Stockholders for September 26, 2025, to elect directors and ratify the new independent auditor, Berkowitz Pollack Brant.
Schedule 13D - Activist Investments
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Marc G. Elliott has filed a Schedule 13D disclosing a 27.3% beneficial ownership stake in Gencor Industries, Inc. following a change in control of the E.J. Elliott Family Limited Partnership's general partner.
Schedule 13G - Passive Investments
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Systematic Financial Management LP has reported a 9.1% beneficial ownership stake in Gencor Industries Inc. common stock.
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Royce & Associates LP has increased its beneficial ownership in Gencor Industries, Inc. to 7.43% of common stock, holding 917,200 shares.
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Systematic Financial Management LP has filed an amended Schedule 13G, reporting beneficial ownership of 9.6% of Gencor Industries Inc. common stock as of December 31, 2024.
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SCHEDULE 13G: Systematic Financial Management LP Discloses 9.55% Passive Stake in Gencor Industries Inc.
Systematic Financial Management LP has filed a Schedule 13G, reporting a 9.55% beneficial ownership stake in Gencor Industries Inc. as of February 13, 2025.