Hurco Reports Third Quarter Results for Fiscal Year 2024
Hurco Companies, Inc. (HURC)
US:NASDAQ Investor Relations:
hurco.com/en-us/about-hurco/investors
Company Research
Source: GlobeNewswire
INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the third fiscal quarter ended July 31, 2024. Hurco recorded a net loss of $9,596,000, or $(1.47) per diluted share, in the third quarter of fiscal year 2024, which included a non-cash tax valuation allowance of $8,158,000 recorded in provision for income taxes. This net loss of $9,596,000 for the third quarter of fiscal 2024 compares to net income of $260,000, or $0.04 per diluted share, for the corresponding period in fiscal year 2023. For the nine months of fiscal year 2024, Hurco reported a net loss of $15,166,000, or $(2.33) per diluted share, compared to net income of $1,967,000, or $0.30 per diluted share, for the corresponding period in fiscal year 2023. The net loss for the nine months of fiscal 2024 also included the $8,158,000 non-cash tax valuation allowance recorded in provision for income taxes. Sales and service fees for the third quarter of fiscal yea
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HURC
News
- Hurco Companies, Inc. (NASDAQ: HURC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Hurco Companies, Inc. (NASDAQ: HURC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hurco Companies, Inc. (NASDAQ: HURC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Hurco Stock Down on Q4 Loss, Revenue and Gross Margins Decline [Yahoo! Finance]Yahoo! Finance
- Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2024GlobeNewswire
HURC
Sec Filings
- 1/29/25 - Form ARS
- 1/29/25 - Form DEF
- 1/10/25 - Form 10-K
- HURC's page on the SEC website