Gencor Industries, Inc. Withdraws and Retracts Preliminary Second Quarter Fiscal 2026 Earnings Release
Rhea-AI Summary
Gencor Industries (NYSE American: GENC) withdrew and retracted its May 8, 2026 preliminary second quarter fiscal 2026 earnings release. That prior release was issued before completion of the review of financial statements for the quarter ended March 31, 2026 and should be disregarded entirely.
The company advises investors not to rely on any information or preliminary results in the prior release and not to draw conclusions about its financial condition, results of operations, or business prospects for that or any other period.
AI-generated analysis. Not financial advice.
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News Market Reaction – GENC
On the day this news was published, GENC declined 3.88%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $8M from the company's valuation, bringing the market cap to $209.46M at that time.
Data tracked by StockTitan Argus on the day of publication.
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.
The Company cautions that no conclusions should be drawn from the Prior Release regarding the Company’s actual financial condition, results of operations, or business prospects for the quarter ended March 31, 2026, or any other period.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
| Contact: | Eric Mellen, Chief Financial Officer |
| 407-290-6000 |