Hurco: Fiscal Q4 Earnings Snapshot - CT Insider

5 days ago · Hurco: Fiscal Q4 Earnings Snapshot. Jan 10, 2025. INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $1.4 million in its …

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Hurco: Fiscal Q4 Earnings Snapshot - CT Insider

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5 days ago · Hurco: Fiscal Q4 Earnings Snapshot. Jan 10, 2025. INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $1.4 million in its …

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Hurco: Fiscal Q4 Earnings Snapshot - CTPost

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5 days ago · Hurco: Fiscal Q4 Earnings Snapshot Jan 10, 2025 INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $1.4 million in its …

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

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4 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: Fiscal Q4 Earnings Snapshot - Yahoo Finance

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4 days ago · INDIANAPOLIS (AP) — Hurco Cos. HURC) on Friday reported a loss of $1.4 million in its fiscal fourth quarter. The Indianapolis-based company said it had a loss of 23 cents per …

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Hurco Reports Fourth Quarter And Full Year Results For

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4 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: Fiscal Q4 Earnings Snapshot - MarketScreener

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4 days ago · INDIANAPOLIS — INDIANAPOLIS — Hurco Cos. on Friday reported a loss of $1.4 million in its fiscal fourth quarter. ... Hurco: Fiscal Q4 Earnings Snapshot January 10, 2025 at …

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Hurco: Fiscal Q4 Earnings Snapshot - Theheraldreview.com

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5 days ago · Hurco: Fiscal Q4 Earnings Snapshot. Jan 10, 2025. INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $1.4 million in its …

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Hurco: Fiscal Q4 Earnings Snapshot - Quartz

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Jan 5, 2024 · INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported profit of $2.4 million in its fiscal fourth quarter.

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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 - Michigansthumb.com

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5 days ago · Hurco: Fiscal Q4 Earnings Snapshot Jan 10, 2025 INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Hurco Cos. (HURC) on Friday reported a loss of $1.4 million in its …

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FAQs about Hurco: Fiscal Q4 Earnings Snapshot - CT Insider Coupon?

Why did Hurco report a net loss in Q4 2024?

In its latest earnings report, Hurco reported a net loss for both the fourth quarter and the full fiscal year 2024, reflecting challenging market conditions in the machine tool industry. The company saw a decline in sales and service fees, which significantly impacted its financial performance. ...

How did Hurco perform in fiscal year 2024?

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 recorded in provision for income taxes, compared to net income of $2,422,000, or $0.36 per diluted share, for the corresponding period in fiscal year 2023. ...

How did Hurco perform in the last half of the year?

Despite these declines, Hurco noted a positive trend in global orders, which grew in the latter half of the year, indicating potential recovery. The company also focused on cost reduction and technological advancements, showcasing innovative solutions at industry events. ...

How much was income tax expense in the fourth quarter & fiscal year 2024?

Income tax expense during the fourth quarter and fiscal year 2024 were $320,000 and $6,758,000, respectively, compared to $1,079,000 and $2,365,000 for the corresponding periods in 2023. ...

What is Hurco's outlook for the future?

Looking ahead, Hurco remains optimistic about the future, emphasizing its strong balance sheet and commitment to technological advancement as key differentiators. The management is hopeful that these strategies will help navigate the cyclical nature of the industry and position the company for a stronger recovery. ...

How did European sales perform in fiscal year 2024?

European sales for the fourth quarter of fiscal year 2024 decreased by 18%, compared to the corresponding period, and included a favorable currency impact of 3%, when translating foreign sales to U.S. dollars for financial reporting purposes. ...