secwatch.observer — SEC 8-K summary
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Issuer:     GENCOR INDUSTRIES INC (GENC)
CIK:        0000064472
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001193125-24-197827
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q3 net income down 20% to $2.56M; revenue falls 8% to $25.6M; backlog hits record $46.6M
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- Revenue $25.6M vs $27.9M YoY; gross margin down 300bps to 23.9%.
- Net income $2.56M ($0.17 per share) vs $3.21M ($0.22) in prior-year quarter.
- Nine-month revenue +9.6% to $92.2M; net income +13.3% to $13.1M ($0.89 vs $0.79).
- Backlog $46.6M, 67% above last year's $27.9M; no debt; cash $116.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/64472/000119312524197827/0001193125-24-197827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/64472/000119312524197827/d873085d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-197827

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