Hurco Reports First Quarter Results for Fiscal Year 2024 [Yahoo! Finance]
Hurco Companies, Inc. (HURC)
US:NASDAQ Investor Relations:
hurco.com/en-us/about-hurco/investors
Company Research
Source: Yahoo! Finance
Hurco recorded a net loss of $1,648,000, or $0.25 per diluted share, for the first quarter of fiscal year 2024, compared to net income of $1,330,000, or $0.20 per diluted share, for the corresponding period in fiscal year 2023. Sales and service fees for the first quarter of fiscal year 2024 were $45,059,000, a decrease of $9,623,000, or 18%, compared to the corresponding prior year period, and included a favorable currency impact of $779,000, or 1%, when translating foreign sales to U.S. dollars for financial reporting purposes. Greg Volovic, Chief Executive Officer, stated, “We were disappointed with first quarter results but are continuing to invest in the future growth of our business. I am particularly heartened by the positive shift we witnessed in both the Americas and the Asian Pacific regions this quarter. Seeing orders in these regions surpass sales and outpace prior year figures is a promising sign. I am hopeful this momentum will also extend into Europe as we get furth
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HURC
News
- Investors in Hurco Companies (NASDAQ:HURC) have unfortunately lost 47% over the last five years [Yahoo! Finance]Yahoo! Finance
- Hurco Hammered As Short-Cycle Manufacturing Trends Remain Weak [Seeking Alpha]Seeking Alpha
- Hurco Companies (NASDAQ:HURC) Is Paying Out A Dividend Of $0.16 [Yahoo! Finance]Yahoo! Finance
- Hurco Companies, Inc. Announces Quarterly Cash DividendGlobeNewswire
- Favourable Signals For Hurco Companies: Numerous Insiders Acquired Stock [Yahoo! Finance]Yahoo! Finance
HURC
Analyst Actions
- 3/11/24 - TheStreet
HURC
Sec Filings
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- HURC's page on the SEC website