secwatch.observer — SEC 8-K summary
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Issuer:     GENCOR INDUSTRIES INC (GENC)
CIK:        0000064472
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001193125-24-135763
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gencor Q2 fiscal 2024 revenue up 33% to $40.7M; net income $6.2M ($0.42/share)
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- Net revenue $40.7M (+33.4% YoY); gross margin 30.3% vs 29.8%; operating income $7.1M (+37%).
- Net income $6.2M ($0.42 per share) vs $4.9M ($0.33) prior year quarter.
- Backlog $50.4M, up 34.8% YoY, citing continued Infrastructure Investment & Jobs Act demand.
- Cash and marketable securities $117.1M, no debt outstanding.
- Six-month net revenue $66.7M, net income $10.5M ($0.72/share); prior year $56.3M and $8.3M ($0.57).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/64472/000119312524135763/0001193125-24-135763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/64472/000119312524135763/d787005d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-135763

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer