Gencor Industries, Inc.·Industrials

ORLANDO, Fla., May 12, 2026 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) hereby withdraws and retracts its press release dated May 8, 2026, titled “Gencor Industries, Inc. Releases Second Quarter Fiscal 2026 Results” (the “Prior Release”). The Prior Release was issued before the Company had completed its review of the Company's financial statements for the quarter ended March 31, 2026 and should be disregarded in its entirety. Investors and other recipients should not rely on any information contained in the Prior Release, including the preliminary results of operations for the quarter ended March 31, 2026 reported therein.

ORLANDO, Fla., May 08, 2026 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenue for the quarter ended March 31, 2026 was $33,799,000 compared with $38,204,000 net revenue for the quarter ended March 31, 2025.

LOS ANGELES, April 14, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Gencor Industries , Inc. , (“ Gencor " or the "Company") ( NYSE : GENC ) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Gencor Industries offers compelling value, trading at a deep discount to book and EV/EBITDA multiples versus peers. GENC boasts a fortress balance sheet, with $136.3 million in cash and no debt against a $197.2 million market cap. Despite mixed cash flow trends and tepid end-market growth, GENC's risk profile is minimal due to its liquidity and asset composition.
Gencor Industries, Inc., together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt plants to produce asphalt paving materials; related asphalt plant equipment, including hot-mix storage silos, fabric filtration systems, cold feed bins, and other plant components; and a range of mobile batch plants. It also provides combustion systems that transform solid, liquid, or gaseous fuels into usable energy, or burn multiple fuels in asphalt and aggregate drying industries; and combustion systems for rotary dryers, kilns, fume and liquid incinerators, and fuel heaters, as well as industrial incinerators. In addition, the company offers thermal fluid heat transfer systems that transfer heat for storage, heating, and pumping viscous materials, such as asphalt, chemicals, heavy oils, etc. in various industrial and petrochemical applications; specialty storage tanks for various industrial uses; and asphalt pavers under the Blaw-Knox brand. Gencor Industries, Inc. sells its products primarily to the highway construction industry through its sales representatives, and independent dealers and agents worldwide. The company was formerly known as Mechtron International Corporation and changed its name to Gencor Industries, Inc. in 1987. Gencor Industries, Inc. was founded in 1894 and is based in Orlando, Florida.
Industrials
Agricultural - Machinery
314
2003-07-15
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