Recent Updates — HURC
Hurco Companies reported net income of $2.3 million ($0.35 per diluted share) for the third fiscal quarter ended July 31, 2026, a significant turnaround from a $3.7 million loss in the prior year period. Sales and service fees rose 3% to $47.3 million, while gross margin expanded 800 basis points to 28%. For the first nine months of fiscal 2026, the company reported a net loss of $3.5 million ($0.55 per share), narrowing from a $12.1 million loss in the prior year, with sales increasing 4% to $137.8 million. Orders for the nine-month period surged 24% to $155.0 million, outpacing shipments across all regions. The company maintains a debt-free balance sheet with $52 million in cash and $167 million of working capital. Hurco Companies operates in the industrial technology sector, manufacturing computer numeric control (CNC) machine tools for metal cutting and forming.