GENC Q4 backlog drops 58% to USD 23.6 million

Reuters
2025.12.09 12:02
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Gencor Industries Inc. reported a 58% drop in Q4 backlog to USD 23.6 million. For the year ended September 30, 2025, net revenue was USD 115.4 million, with net income of USD 15.7 million and earnings per share of USD 1.07. Q4 revenue decreased by 10% to USD 18.8 million, with a gross profit margin of 24.2%. The company holds USD 136.3 million in cash and securities, operating debt-free.