Hurco Companies Inc

HURC

Market cap $106M

HURC reports lower fourth-quarter fiscal 2025 sales and a wider loss, but stronger U.S. and Germany orders signal improving demand trends.

Hurco has seen a brutal downturn, led by smaller manufacturers getting far more cautious with capex and expansion amid significant macroeconomic uncertainties. Orders perked up on a sequential basis, and while near-term demand still looks sluggish, 2026 should see improving conditions across multiple industrial end-markets. HURC's customers are trading down to less sophisticated machines, reflecting ongoing caution and driving gross margin to the lowest level in at least 15 years.

INDIANAPOLIS, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2025. Hurco recorded a net loss of $3,041,000, or $0.47 per diluted share, for the fourth quarter of fiscal year 2025, compared to a net loss of $1,442,000, or $0.23 per diluted share, for the corresponding period in fiscal year 2024.

INDIANAPOLIS, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) (“Hurco” or the “Company”) today announced that Executive Chairman Michael Doar will retire from his employment with the Company following Hurco's 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”). Upon receipt of his retirement notice, the Company's Board of Directors (the “Board”) requested that Mr.

Hurco Companies trades at ~0.55x tangible book value, offering deep value with no debt and strong liquidity. HURC is in a cyclical trough, but insider buying and historical patterns suggest a potential turnaround and significant upside when the cycle rebounds. Valuation scenarios indicate potential returns of 82%-173% if HURC reverts to 1x-1.5x TBV.

HURC reports a narrower third-quarter fiscal 2025 loss and stronger revenues, fueled by solid demand in the Americas and Asia Pacific.

INDIANAPOLIS, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the third fiscal quarter ended July 31, 2025. Hurco recorded a net loss of $3,693,000, or $0.58 per diluted share, for the third quarter of fiscal year 2025, compared to a net loss of $9,596,000, or $1.47 per diluted share, for the corresponding period in fiscal year 2024. These net losses for the third quarter of fiscal years 2025 and 2024 included non-cash tax valuation allowances of $1,639,000 and $8,158,000, respectively, recorded in provision for income taxes. For the nine months of fiscal year 2025, Hurco reported a net loss of $12,076,000, or $1.87 per diluted share, compared to a net loss of $15,166,000, or $2.33 per diluted share, for the corresponding period in fiscal year 2024. These net losses for the nine months of fiscal years 2025 and 2024 included non-cash tax valuation allowances of $5,294,000 and $8,158,000, respectively, recorded in provision for income taxes.

Hurco's near-term outlook remains challenging due to cautious capital spending by small manufacturers and ongoing trade/tariff uncertainties. The company maintains a strong cash position and no debt, providing stability through the downturn and positioning it for a rebound when demand recovers. Recovery is expected in 2026/2027, with potential for double-digit revenue growth and fair value estimates in the low-to-high $20s per share.

HURC's second-quarter fiscal 2025 results show declining sales and widening losses as global machine demand remains under pressure.

INDIANAPOLIS, June 06, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the second fiscal quarter ended April 30, 2025. Hurco recorded a net loss of $4,063,000, or $0.62 per diluted share, for the second quarter of fiscal year 2025, which included a non-cash tax valuation allowance of $1,270,000 recorded in provision for income taxes.