Brief: Gencor Industries Q4 Revenue Fell 29.5% To $14.5 Mln

Gencor Industries

11/12/2019 15:00

Dec 11 (Reuters) - Gencor Industries Inc  GENC.O :
    * GENCOR RELEASES FOURTH QUARTER AND FISCAL YEAR 2019
RESULTS
    * Q4 EARNINGS PER SHARE $0.00
    * Q4 REVENUE FELL 29.5 PERCENT TO $14.5 MILLION
    * BACKLOG WAS $27.3 MILLION AT DECEMBER 1, 2019 COMPARED TO
$28.0
MILLION AT DECEMBER 1, 2018.
    * GROSS PROFIT IN Q4 OF FISCAL 2019 WAS NEGATIVELY IMPACTED
DUE TO
LOWER NET REVENUES AND REDUCED OVERHEAD ABSORPTION.

Source text for Eikon:  ID:nGNX77L0Ms 
Further company coverage:  GENC.O 

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