Hurco Reports Challenging Q4 with $1.4M Loss as Global Machine …

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 Reports Challenging Q4 With $1.4M Loss As Global Machine …

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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 Reports Fourth Quarter And Full Year Results For

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5 days ago · Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2024 ... for the corresponding period in fiscal year 2023. Hurco recorded a net loss of $16,608,000, or $(2.56) …

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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: Fiscal Q4 Earnings Snapshot - CT Insider

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5 days ago · For the year, the company reported a loss of $16.6 million, or $2.56 per share. Revenue was reported as $186.6 million. _____

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Hurco: Fiscal Q4 Earnings Snapshot - Theintelligencer.com

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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 …

theintelligencer.com

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Hurco Companies Inc (HURC) Reports Mixed Fiscal 2023 Results …

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Jan 5, 2024 · Financial Performance and Challenges. Hurco's fourth quarter showed a notable improvement with net income rising to $2,422,000, or $0.36 per diluted share, from …

yahoo.com

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Hurco Reports Fourth Quarter And Full Year Results For

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4 days ago · Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2024 ... for the corresponding period in fiscal year 2023. Hurco recorded a net loss of $16,608,000, or $(2.56) …

globenewswire.com

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

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4 days ago · Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2024 ... 2024. Hurco recorded a net loss of $1,442,000, or $(0.23) per diluted share, for the fourth quarter of …

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Hurco Swings To Fiscal Full-year Loss - Inside INdiana Business

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4 days ago · (photo courtesy of Hurco Companies Inc.) Indianapolis-based Hurco Companies Inc. is reporting a fiscal full-year net loss of $16.6 million, compared to net income of $4.4 million …

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Hurco: Fiscal Q4 Earnings Snapshot - Recordpatriot.com

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5 days ago · For the year, the company reported a loss of $16.6 million, or $2.56 per share. Revenue was reported as $186.6 million. _____

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Hurco Companies Inc Reports Q4 Net Loss Of $0.23 Per Share With …

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On January 10, 2025, Hurco Companies Inc (HURC, Financial) released its 8-K filing detailing the financial results for the fourth quarter and full fiscal year ending October 31, 2024.The …

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Hurco Grinding Toward A Recovery, But In Fits And Starts

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4 days ago · Gross margin declined 370bp yoy, but rebounded 430bp qoq to 22.7%, with margins helped by better overhead absorption and a mix shift as for the second quarter in a row the …

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Hurco Companies Inc (HURC) Faces First Quarter Challenges With …

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Mar 8, 2024 · Financial Performance and Challenges. The first quarter saw Hurco recording a net loss of $1.65 million, or $0.25 per diluted share, a stark contrast to the net income of $1.33 …

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Hurco Reports Fourth Quarter And Full Year Results For

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Jan 6, 2023 · Hurco recorded net income of $1,424,000, or $0.22 per diluted share, for the fourth quarter of fiscal 2022, compared to net income of $2,096,000, or $0.31 per diluted share, for …

globenewswire.com

FAQs about Hurco Reports Challenging Q4 with $1.4M Loss as Global Machine … 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. ...

What happened to Hurco Companies Inc (HURC)?

On March 8, 2024, Hurco Companies Inc ( NASDAQ:HURC) released its 8-K filing, detailing the financial results for the first fiscal quarter ended January 31, 2024. The company, a leading industrial technology firm specializing in computerized machine tools, faced a challenging quarter with a reported net loss and a decline in sales and service fees. ...

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. ...

Does Hurco manufacturing company make any changes to machine specifications?

Hurco Manufacturing Company reserves the right to incorporate any modification 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 happens if a Hurco machine is damaged?

If the hardware or software is altered by removing, altering, disabling, or tampering with any safety circuit, safety switch, or any safety operation and then continues to operate the machine with those modifications, such operation is extremely hazardous, is also a foreseeable misuse of the machine, and voids the Hurco warranty. ...

Will 2024 be ugly for Hurco (HURC)?

Double-digit revenue growth and expanded margins in FY 2025/2026 on a short-cycle recovery can support a fair value above $20, but this is a high-risk play on a short-cycle recovery. Monty Rakusen/DigitalVision via Getty Images I expected 2024 to be ugly for Hurco(NASDAQ:HURC), and indeed it was. ...