HURC
Hurco CompaniesCDocument history
Earnings documents stored for HURC.
Investor releaseQuarter not tagged2026-03-13Hurco Stock Declines Post Q1 Earnings Despite a Rise in Orders
Zacks
Hurco Stock Declines Post Q1 Earnings Despite a Rise in Orders
Shares of Hurco Companies, Inc. HURC have lost 9.1% since the company reported its earnings for the quarter ended Jan. 31, 2026. This compares to the S&P 500 Index’s 0.6% decline over the same time frame. Over the past month, the stock lost 15.3% compared with the S&P 500’s 0.8% decline. Hurco reported a net loss of $3.5 million, or $0.54 per diluted share, for the first quarter of fiscal 2026, compared with $4.3 million, or $0.67 per diluted share, in the prior-year quarter. Sales and service fees declined 7.6% year over year to $42.9 million from $46.4 million. By region, sales fell 8% in the Americas to $16.6 million from $18.1 million, decreased 5% in Europe to $20.5 million from $21.6 million, and dropped 15% in the Asia Pacific region to $5.7 million from $6.7 million, reflecting weaker shipment volumes in multiple markets. Hurco operates as a single reportable segment focused on industrial automation equipment, primarily CNC (Computer Numeric Control) machine tools. Within its product mix, computerized machine tool sales — the company’s largest revenue contributor — declined 11.3% year over year to $33.5 million from $37.8 million. The drop mainly reflected reduced shipments of Milltronics machines in the Americas and Hurco machines in the U.K., Germany, China and India. Sales of computer control systems and software decreased 31.1% year over year to $0.5 million from $0.7 million, primarily due to lower software sales in the Americas and Europe. In contrast, service parts revenue rose 17% to $6.9 million from $5.9 million as aftermarket demand for Takumi and Hurco products improved in Europe and Asia Pacific. Service fees declined 3.8% to $2 million from $2.1 million due to lower aftermarket service activity in the Americas, partly offset by higher service demand in the U.K. and France. Hurco Companies, Inc. price-consensus-eps-surprise-chart | Hurco Companies, Inc. Quote Orders increased during the quarter despite the decline in sales. New orders totaled $41.9 million, up 5% from $40.1 million in the prior-year quarter. Orders in the Americas climbed 18% to $17.3 million from $14.6 million, driven by stronger demand for Hurco and Takumi machines. European orders declined 2% to $18.9 million from $19.4 million, while Asia Pacific orders fell 6% to $5.7 million from $6.1 million amid weaker demand in China. Profitability metrics showed mixed trends. G...
Investor releaseQuarter not tagged2026-03-06Hurco: Fiscal Q1 Earnings Snapshot
Associated Press Finance
Hurco: Fiscal Q1 Earnings Snapshot
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $3.5 million in its fiscal first quarter. On a per-share basis, the Indianapolis-based company said it had a loss of 54 cents. The manufacturer of computerized machine tools for the metal cutting industry posted revenue of $42.9 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HURC at https://www.zacks.com/ap/HURC
Investor releaseQuarter not tagged2026-03-06Hurco Reports First Quarter Results for Fiscal Year 2026
GlobeNewswire
Hurco Reports First Quarter Results for Fiscal Year 2026
INDIANAPOLIS, March 06, 2026 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the first fiscal quarter ended January 31, 2026. Hurco recorded a net loss of $3,468,000, or $0.54 loss per diluted share, for the first quarter of fiscal year 2026, compared to a net loss of $4,320,000, or $0.67 loss per diluted share, for the corresponding period in fiscal year 2025. Sales and service fees for the first quarter of fiscal year 2026 were $42,868,000, a decrease of $3,546,000, or 8%, compared to the corresponding prior year period, and included a favorable currency impact of $1,813,000, or 4%, when translating foreign sales to U.S. dollars for financial reporting purposes. Greg Volovic, Chief Executive Officer, stated, “Our orders have picked up considerably in the U.S. despite the increase in tariffs, overall gross profit (as a percentage of sales) has improved reflecting cost reductions and containment, and continued working capital efficiency reflects our steadfast focus on a strong balance sheet. We have made meaningful progress to our financial position and remain committed to managing the business for the long-term sustainable future. Seeing improved order activity in the US affirms what we have been anticipating and hoping to see in the global market. We would like to see this trend continue on a broader scale, and we will remain focused on a potential recovery in 2026.” The following table sets forth net sales and service fees by geographic region for the first fiscal quarter ended January 31, 2026, and 2025 (dollars in thousands): Sales in the Americas for the first quarter of fiscal year 2026 decreased by 8%, compared to the corresponding period in fiscal year 2025, primarily due to a decreased volume of shipments of Milltronics vertical milling and toolroom machines. European sales for the first quarter of fiscal year 2026 decreased by 5%, compared to the corresponding period in fiscal year 2025, and included a favorable currency impact of 8%, when translating foreign sales to U.S. dollars for financial reporting purposes. The decrease in European sales for the first quarter of fiscal year 2026 was primarily attributable to a decreased volume of shipments of Hurco VM machines and lathes in the UK and Germany. In addition to the decreased machine sales for the quarter, European sales also reflected a decline in shipments...
Investor releaseQuarter not tagged2026-01-14Hurco Stock Gains Post Q4 Earnings Despite Lower Sales and Wider Loss
Zacks
Hurco Stock Gains Post Q4 Earnings Despite Lower Sales and Wider Loss
Shares of Hurco Companies, Inc. HURC have gained 2.7% since the company reported its earnings for the quarter ended Oct. 31, 2025. This compares to the S&P 500 Index’s 0.8% rise over the same time frame. Over the past month, the stock gained 9.6% compared with the S&P 500’s 2.5% rise. For the fourth quarter of fiscal 2025, Hurco reported sales and service fees of $45.5 million, down 15% year over year from $53.7 million, while the net loss widened to $3 million, or $0.47 per diluted share, from a net loss of $1.4 million, or $0.23 per share, in the year-ago period. Gross profit declined 36.4% to $7.7 million from $12.2 million, with gross margin compressing to 17% from 23% year over year. For the full fiscal year, sales and service fees decreased 4% to $178.6 million from $186.6 million. HURC posted a net loss of $15.1 million, or $2.34 per diluted share, compared with $16.6 million, or $2.56 per share, in fiscal 2024. Segmentally, the Americas recorded a 22% decline in fiscal fourth-quarter revenues, Europe saw an 8% drop, and Asia Pacific revenues fell 25%, reflecting lower machine shipments across most regions. Order trends remained mixed. Fourth-quarter fiscal 2025 orders totaled $46.5 million, down 9% year over year from $51.1 million, while full-year orders declined 14% to $171.3 million from $198.3 million. The Americas was a relative bright spot in the quarter, posting a 4% increase in orders, supported by stronger demand for Hurco and Takumi machines. In contrast, Europe and the Asia Pacific experienced order declines of 13% and 39%, respectively, driven by softer customer demand in major markets such as Germany, France, China and India. From a cost perspective, selling, general and administrative (SG&A) expenses fell 11.6% year over year in the fiscal fourth quarter to $11.2 million from $12.7 million, reflecting lower trade show spending and global cost reductions, although SG&A rose as a percentage of sales due to lower revenue. Cash and cash equivalents increased to $48.7 million as of Oct. 31, 2025, from $33.3 million a year earlier, underscoring balance sheet strength. Hurco Companies, Inc. price-consensus-eps-surprise-chart | Hurco Companies, Inc. Quote Management characterized fiscal 2025 as a challenging year marked by macroeconomic headwinds and tariff-related cost pressures. Chief Executive Officer Greg Volovic highlighted that HURC’s lar...
Investor releaseQuarter not tagged2026-01-09Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2025
GlobeNewswire
Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2025
INDIANAPOLIS, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2025. Hurco recorded a net loss of $3,041,000, or $0.47 per diluted share, for the fourth quarter of fiscal year 2025, compared to a net loss of $1,442,000, or $0.23 per diluted share, for the corresponding period in fiscal year 2024. Hurco recorded a net loss of $15,117,000, or $2.34 per diluted share, for fiscal year 2025, compared to a net loss of $16,608,000, or $2.56 per diluted share, for fiscal year 2024. The recorded net losses for fiscal years 2025 and 2024, included non-cash tax valuation allowances of $4,778,000 and $8,590,000, respectively, recorded in provision for income taxes. Sales and service fees for the fourth quarter of fiscal year 2025 were $45,467,000, a decrease of $8,235,000, or 15%, compared to the corresponding prior year period, and included a favorable currency impact of $882,000, or less than 2%, when translating foreign sales to U.S. dollars for financial reporting purposes. Sales and service fees for fiscal year 2025 were $178,554,000, a decrease of $8,030,000, or 4%, compared to fiscal year 2024, and included a favorable currency impact of $2,038,000, or 1%, when translating foreign sales to U.S. dollars for financial reporting purposes. Greg Volovic, Chief Executive Officer, stated, “Our largest markets, the U.S. and Germany, ended the fiscal year with their strongest quarter of orders and sales for the year, reflecting a change in trend that developed during the second half of the year, with orders and sales improving by approximately 5% from the first half to the second half of the year. While this fiscal year was challenging given the headwinds from tariffs and the macro-economic conditions, we were committed to continuous improvement in our business strategy and implemented targeted leadership transitions in both the U.S. and Germany. Our new leaders bring deep industry experience with a strong focus on execution, customer engagement, and growth. Our results during this period highlight our focus on disciplined execution: we increased cash by approximately $15 million year over year and reduced selling, general, and administrative expenses by nearly $3 million year over year, all while we continued to invest in innovative technologies. As we look ahead...
Investor releaseQuarter not tagged2026-01-09Hurco: Fiscal Q4 Earnings Snapshot
Associated Press Finance
Hurco: Fiscal Q4 Earnings Snapshot
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $3 million in its fiscal fourth quarter. On a per-share basis, the Indianapolis-based company said it had a loss of 47 cents. The manufacturer of computerized machine tools for the metal cutting industry posted revenue of $45.5 million in the period. For the year, the company reported a loss of $15.1 million, or $2.34 per share. Revenue was reported as $178.6 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HURC at https://www.zacks.com/ap/HURC
Investor releaseQuarter not tagged2025-09-11Hurco Stock Gains Following Q3 Earnings Showing Narrower Losses
Zacks
Hurco Stock Gains Following Q3 Earnings Showing Narrower Losses
Shares of Hurco Companies, Inc. HURC have gained 4.9% since the company reported its earnings for the quarter ended July 31, 2025. This compares with the S&P 500 Index’s growth of 0.3% during the same period. Over the past month, however, Hurco’s stock has lost 3.6% against the S&P 500’s gain of 2.9%. Hurco posted a net loss of $3.7 million, or $0.58 per diluted share, for the third quarter of fiscal 2025, narrowing from a loss of $9.6 million, or $1.47 per share, in the year-ago period. Revenue rose 7.4% year over year to $45.8 million from $42.7 million, supported by favorable foreign currency translation and strong contributions from the Americas and Asia Pacific. By geography, Americas sales advanced 9.8%, Europe remained flat and Asia Pacific surged 48.4%. The improvement was driven by stronger demand for Hurco and Milltronics machines in the Americas and higher sales of Takumi machines in the Asia Pacific. Europe, however, showed weakness due to lower demand in Germany and France despite gains in the U.K. and Italy. Gross margin expanded to 20% from 18% a year earlier, reflecting improved cost management and a better mix of machine sales. Orders softened notably, falling 22.4% year over year to $40.9 million in the quarter, with weakness evident in all regions. Americas orders fell 11.7%, Europe declined 28.5% and Asia Pacific dropped 24.5%. Gross profit improved 16.2% to $9.1 million from $7.8 million, while selling, general and administrative expenses rose 3.7% to $10.8 million from $10.4 million, partly due to currency effects. Despite the revenue and margin gains, operating loss stood at $1.7 million, narrower than the $2.5 million loss in the prior year. Cash and cash equivalents were $44.5 million as of July 31, 2025, up from $33.3 million at the end of fiscal 2024, giving the company a stronger liquidity position. Working capital, however, slipped slightly to $176.8 million as of July 31, 2025, from $180.8 million as of Oct. 31, 2024. Hurco Companies, Inc. price-consensus-eps-surprise-chart | Hurco Companies, Inc. Quote CEO Greg Volovic highlighted that the company’s discipline in controlling costs and growing sales in the Americas and Asia Pacific drove improved results. Volovic emphasized Hurco’s healthy cash balance of $44.5 million, which provides flexibility for technology investments and strategic initiatives. He also pointed to signs of c...
Investor releaseQuarter not tagged2025-09-06Hurco Companies Third Quarter 2025 Earnings: US$0.57 loss per share (vs US$1.47 loss in 3Q 2024)
Simply Wall St.
Hurco Companies Third Quarter 2025 Earnings: US$0.57 loss per share (vs US$1.47 loss in 3Q 2024)
Revenue: US$45.8m (up 7.4% from 3Q 2024). Net loss: US$3.69m (loss narrowed by 62% from 3Q 2024). US$0.57 loss per share (improved from US$1.47 loss in 3Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Hurco Companies shares are up 7.5% from a week ago. You should learn about the 1 warning sign we've spotted with Hurco Companies. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Investor releaseQuarter not tagged2025-09-05Hurco Reports Third Quarter Results For Fiscal Year 2025
GlobeNewswire
Hurco Reports Third Quarter Results For Fiscal Year 2025
INDIANAPOLIS, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the third fiscal quarter ended July 31, 2025. Hurco recorded a net loss of $3,693,000, or $0.58 per diluted share, for the third quarter of fiscal year 2025, compared to a net loss of $9,596,000, or $1.47 per diluted share, for the corresponding period in fiscal year 2024. These net losses for the third quarter of fiscal years 2025 and 2024 included non-cash tax valuation allowances of $1,639,000 and $8,158,000, respectively, recorded in provision for income taxes. For the nine months of fiscal year 2025, Hurco reported a net loss of $12,076,000, or $1.87 per diluted share, compared to a net loss of $15,166,000, or $2.33 per diluted share, for the corresponding period in fiscal year 2024. These net losses for the nine months of fiscal years 2025 and 2024 included non-cash tax valuation allowances of $5,294,000 and $8,158,000, respectively, recorded in provision for income taxes. Sales and service fees for the third quarter of fiscal year 2025 were $45,806,000, an increase of $3,155,000, or 7%, compared to the corresponding prior year period, and included a favorable currency impact of $1,379,000, or 3%, when translating foreign sales to U.S. dollars for financial reporting purposes. Sales and service fees for the nine months of fiscal year 2025 were $133,087,000, an increase of $205,000, or less than 1%, compared to the corresponding prior year period, and included a favorable currency impact of $1,156,000, or less than 1%, when translating foreign sales to U.S. dollars for financial reporting purposes. The following table sets forth net sales and service fees by geographic region for the third fiscal quarter and nine months ended July 31, 2025, and 2024 (dollars in thousands): Greg Volovic, Chief Executive Officer, stated, “While capital purchase decisions remain somewhat cautious due to macroeconomic uncertainty, I am encouraged by the progress we made this quarter. We increased our gross profit and reduced our operating costs to improve our overall financial results compared to the prior year. We delivered 10% sales growth in the Americas and nearly 50% growth in Asia Pacific and strengthened our balance sheet, resulting in over $44 million in cash and cash equivalents as of July 31, 2025. These improvements reflect the value of our product por...
Investor releaseQuarter not tagged2025-09-05Hurco: Fiscal Q3 Earnings Snapshot
Associated Press Finance
Hurco: Fiscal Q3 Earnings Snapshot
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $3.7 million in its fiscal third quarter. On a per-share basis, the Indianapolis-based company said it had a loss of 58 cents. The manufacturer of computerized machine tools for the metal cutting industry posted revenue of $45.8 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HURC at https://www.zacks.com/ap/HURC
Investor releaseQuarter not tagged2025-06-12Hurco Stock Declines Following Lower Q2 Earnings and Revenues
Zacks
Hurco Stock Declines Following Lower Q2 Earnings and Revenues
Shares of Hurco Companies, Inc. HURC have lost 5.6% since the company released its second-quarter fiscal 2025 earnings for the period ended April 30, 2025. This performance contrasts sharply with the S&P 500 Index, which gained 1.7% over the same time frame. Over the past month, Hurco stock declined 13.6%, while the S&P 500 rose 3.6%. For the second quarter of fiscal 2025, Hurco posted a net loss of $4.1 million, or $0.62 per diluted share compared with a net loss of $3.9 million, or $0.61 per share, in the same quarter last year—a marginal year-over-year increase in losses. A $1.3 million non-cash tax valuation allowance contributed significantly to the quarter’s net loss. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Revenues also declined, with sales and service fees totaling $40.9 million, a drop of 9.5% from the prior-year period’s $45.2 million. The company attributed part of this decrease to lower shipments of Hurco and Takumi machines across key markets.Cumulatively, the first half of fiscal 2025 reflected a 3.3% decrease in total sales, amounting to $87.3 million from $90.2 million in the comparable period in 2023. Gross profit stood at $7.8 million, or 19.2% of sales, compared with $8 million or 17.8% in the same quarter last year, showing a modest improvement in margin despite the sales decline. This margin expansion was attributed to a favorable sales mix and lower fixed costs. Operating loss narrowed to $3.1 million from $3.4 million, while selling, general and administrative (SG&A) expenses decreased 4.9% to $10.9 million from $11.5 million, reflecting lower discretionary spending and reduced commissions. Despite these efforts, SG&A as a percentage of sales increased to 26.7% from 25.4% due to lower revenues. Segmentally, the Americas reported a 9.4% decline in quarterly sales to $15.4 million from $16.9 million, Europe saw a 4.9% decrease to $21.6 million from $22.7 million and the Asia Pacific region experienced a 29.2% fall to $3.9 million from $5.5 million. Total new orders booked during the second quarter were $43.7 million, down 1.1% from the prior-year quarter’s $44.2 million. Regionally, order trends varied significantly. Orders in the Americas declined 0.7%, hampered by weak demand for OEM machines. European orders fell 11.7%, attributed largely to reduced demand for Hurco and Takumi machines in Germany and...
Investor releaseQuarter not tagged2025-06-06Hurco Reports Second Quarter Results for Fiscal Year 2025
GlobeNewswire
Hurco Reports Second Quarter Results for Fiscal Year 2025
INDIANAPOLIS, June 06, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the second fiscal quarter ended April 30, 2025. Hurco recorded a net loss of $4,063,000, or $0.62 per diluted share, for the second quarter of fiscal year 2025, which included a non-cash tax valuation allowance of $1,270,000 recorded in provision for income taxes. This net loss of $4,063,000 for the second quarter of fiscal 2025 compared to a net loss of $3,922,000, or $0.61 per diluted share, for the corresponding period in fiscal year 2024. For the first six months of fiscal year 2025, Hurco reported a net loss of $8,383,000, or $1.29 per diluted share, compared to a net loss of $5,570,000, or $0.86 per diluted share, for the corresponding period in fiscal year 2024. The net loss for the first six months of fiscal 2025 included $3,655,000 non-cash tax valuation allowance recorded in provision for income taxes. Sales and service fees for the second quarter of fiscal year 2025 were $40,867,000, a decrease of $4,305,000, or 10%, compared to the corresponding prior year period, and included a favorable currency impact of $211,000, or less than 1%, when translating foreign sales to U.S. dollars for financial reporting purposes. Sales and service fees for the first six months of fiscal year 2025 were $87,281,000, a decrease of $2,950,000, or 3%, compared to the corresponding prior year period, and included an unfavorable currency impact of $223,000, or less than 1%, when translating foreign sales to U.S. dollars for financial reporting purposes. Greg Volovic, Chief Executive Officer, stated, “We are all navigating a period of significant uncertainty across global markets. The challenges we face in forecasting international and domestic sales are shared by many in the manufacturing and industrial sectors. We remain committed to executing our long-term strategy and reinforcing our financial foundation. We’ve taken deliberate steps to strengthen cash flow and reduce costs, enabling us to support our balance sheet and focus on a return to profitability. Regardless of the market situation, Hurco is fully committed to investing in our product development initiatives to ensure that we continue to offer world-class products and capabilities that align with evolving market demands and position us to respond quickly as momentum returns." The following table sets...

