Gencor posts 1Q profit

Gencor Industries posts profit of $1.4 million in first quarter

ORLANDO, Fla. (AP) _ Gencor Industries Inc. (GENC) on Friday reported fiscal first-quarter earnings of $1.4 million.

On a per-share basis, the Orlando, Florida-based company said it had profit of 10 cents.

The maker of heavy machinery used for highway construction posted revenue of $15.8 million in the period.

Gencor shares have dropped roughly 6 percent since the beginning of the year. The stock has increased 86 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GENC at https://www.zacks.com/ap/GENC

_____

Keywords: Gencor Industries, Earnings Report

Advertisement