Hurco Reports Fourth Quarter and Full Year Results for

4 days ago · INDIANAPOLIS, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended …

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Hurco Reports Fourth Quarter And Full Year Results For Fiscal Year …

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Sales and service fees for the fourth quarter of fiscal year 2024 were $53,702,000, a decrease of $12,403,000, or 19%, compared to the corresponding prior year period, and included a …

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Hurco: Fiscal Q4 Earnings Snapshot - CT Insider

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5 days ago · INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $1.4 million in its fiscal fourth quarter. The Indianapolis-based company said …

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Hurco Reports Fourth Quarter And Full Year Results For Fiscal Year …

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5 days ago · Hurco recorded a net loss of $1,442,000, or $(0.23) per diluted share, for the fourth quarter of fiscal year 2024, which included a non-cash tax valuation allowance of $193,000 …

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Hurco Reports Fourth Quarter And Full Year Results For Fiscal Ye

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Orders in the Americas for the fourth quarter of fiscal year 2024 decreased by 11%, compared to the corresponding period in fiscal year 2023. The decrease in orders was primarily due to …

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Hurco Grinding Toward A Recovery, But In Fits And Starts

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4 days ago · Hurco reported a 19% year-over-year decline in revenue for the fiscal fourth quarter (the company’s fiscal year ends in October), or 21% in constant currency, with sales jumping …

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Hurco Reports Fourth Quarter And Full Year Results For Fiscal Year …

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4 days ago · The Q4 and FY2024 results reveal significant challenges for Hurco. The company reported a concerning $16.6M net loss for FY2024, a stark contrast to the $4.4M profit in …

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Hurco: Fiscal Q4 Earnings Snapshot - NewsTimes

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5 days ago · INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $1.4 million in its fiscal fourth quarter. The Indianapolis-based company said …

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Hurco Reports Fourth Quarter And Full Year Results For Fiscal Year …

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5 days ago · Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2024. Hurco recorded a net loss of $1,442,000, or …

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FAQs about Hurco Reports Fourth Quarter and Full Year Results for Coupon?

How did Hurco perform in the fourth quarter?

Closing Out A Rough Year With More Mixed Signals Hurco reported a 19% year-over-year decline in revenue for the fiscal fourth quarter (the company’s fiscal year ends in October), or 21% in constant currency, with sales jumping 26% on a sequential basis as better orders from the prior quarter helped drive some modest momentum. ...

How did Hurco perform in fiscal 2023?

Hurco recorded net income of $2,422,000, or $0.36 per diluted share, for the fourth quarter of fiscal 2023, compared to net income of $1,424,000, or $0.22 per diluted share, for the corresponding period in fiscal 2022. ...

Are Hurco shares up?

Hurco shares are actually up very slightly since my last update, which is good enough to outperform larger machine tool players like Amada(6113.T), DMG Mori(6141.T), and Okuma(6103.T), as well as insert and cutting tool manufacturers like Kennametal(KMT) and Sandvik(OTCPK:SDVKY). ...

Does Hurco manufacturing company make any changes to machine specifications?

Hurco Manufacturing Company reserves the right to incorporate any modifications or improvements in machines and machine specifications which it considers necessary, and does not assume any obligation to make any said changes in machines or equipment previously sold. ...

What challenges did Hurco face in 2024?

Play(10min) Summary Hurco Companies faced a challenging 2024 with weak demand among its smaller manufacturing customer base, with higher interest rates and election uncertainties, leading to reduced capital spending. ...

Is Hurco a good buy-and-hold stock?

As I’ve said before, Hurco is nota suitable buy-and-hold type of stock and the long-term performance (financial or market) has not been that good. On the other hand, I do believe Hurco’s key markets have bottomed out (or are in the process of bottoming out) and spending should recover in 2025, particularly in the second half of the year. ...