Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical machining centers and turning centers. It also provides computer control systems and related software for press brake applications. In addition, the company offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.
IPO Year:
Exchange: NASDAQ
Website: hurco.com
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
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4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
4 - HURCO COMPANIES INC (0000315374) (Issuer)
INDIANAPOLIS, March 07, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) today reported results for the first fiscal quarter ended January 31, 2025. Hurco recorded a net loss of $4,320,000, or $0.67 loss per diluted share, for the first quarter of fiscal year 2025, which included a non-cash tax valuation allowance of $2,385,000 recorded in provision for income taxes, compared to a net loss of $1,648,000, or $0.25 loss per diluted share, for the corresponding period in fiscal year 2024. Sales and service fees for the first quarter of fiscal year 2025 were $46,414,000, an increase of $1,355,000, or 3%, compared to the corresponding prior year period, and included an unfavorable
INDIANAPOLIS, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2024. Hurco recorded a net loss of $1,442,000, or $(0.23) per diluted share, for the fourth quarter of fiscal year 2024, which included a non-cash tax valuation allowance of $193,000 recorded in provision for income taxes, compared to net income of $2,422,000, or $0.36 per diluted share, for the corresponding period in fiscal year 2023. Hurco recorded a net loss of $16,608,000, or $(2.56) per diluted share, for fiscal year 2024, which included a non-cash tax valuation allowance of $8,590,000 recorded in provision for inco
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 $1,96
INDIANAPOLIS, June 14, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC) ("Hurco" or the "Company"), an international industrial technology company, announced today that its Board of Directors (the "Board") elected to temporarily suspend the Company's regular quarterly cash dividend on its common stock, effective immediately. The decision comes as the Company seeks to enhance its financial flexibility and improve its ability to manage market volatility while focusing on strengthening its balance sheet, reinvesting in the Company's core business and research and development related to emerging technologies, and returning value to shareholders via the appropr
INDIANAPOLIS, March 15, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC), an international industrial technology company, announced today that its Board of Directors approved the payment of a cash dividend of $0.16 per share on its issued and outstanding common stock. The dividend will be paid on April 12, 2024, to shareholders of record as of the close of business on March 29, 2024. Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change. Hurco Companies, Inc. is an international, industrial technology company that sells its three brands of computer numeric cont
INDIANAPOLIS, March 08, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) today reported results for the first fiscal quarter ended January 31, 2024. 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.
INDIANAPOLIS, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2023. Hurco recorded net income of $2,422,000, or $0.36 per diluted share, for the fourth quarter of fiscal 2023, compared to net income of $1,424,000, or $0.22 per diluted share, for the corresponding period in fiscal 2022. For fiscal year 2023, Hurco reported net income of $4,389,000, or $0.66 per diluted share, compared to net income of $8,226,000, or $1.23 per diluted share, for fiscal year 2022. Sales and service fees for the fourth quarter of fiscal 2023 were $66,105,000, an increase of $2,643,000, or 4%, com
INDIANAPOLIS, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC), an international industrial technology company, announced today that its Board of Directors approved the payment of a cash dividend of $0.16 per share on its issued and outstanding common stock. The dividend will be paid on January 16, 2024, to shareholders of record as of the close of business on January 2, 2024. Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change._____________________________________________________________________________________ Hurco Companies, Inc. is an intern
INDIANAPOLIS, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC), an international industrial technology company, announced today that its Board of Directors approved the payment of a cash dividend of $0.16 per share on its issued and outstanding common stock. The dividend will be paid on October 16, 2023, to shareholders of record as of the close of business on October 2, 2023. Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change. Hurco Companies, Inc. is an international, industrial technology company that sells its three brands of computer numeric c
INDIANAPOLIS, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) today reported results for the third fiscal quarter ended July 31, 2023. Hurco recorded net income of $260,000, or $0.04 per diluted share, for the third quarter of fiscal year 2023, compared to net income of $1,238,000, or $0.18 per diluted share, for the corresponding period in fiscal year 2022. For the nine months of fiscal year 2023, Hurco reported net income of $1,967,000, or $0.30 per diluted share, compared to net income of $6,802,000, or $1.01 per diluted share, for the corresponding period in fiscal year 2022. Sales and service fees for the third quarter of fiscal year 2023 were $53,201,000
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10-K - HURCO COMPANIES INC (0000315374) (Filer)
8-K - HURCO COMPANIES INC (0000315374) (Filer)
8-K - HURCO COMPANIES INC (0000315374) (Filer)
10-Q - HURCO COMPANIES INC (0000315374) (Filer)
8-K - HURCO COMPANIES INC (0000315374) (Filer)
INDIANAPOLIS, March 07, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) today reported results for the first fiscal quarter ended January 31, 2025. Hurco recorded a net loss of $4,320,000, or $0.67 loss per diluted share, for the first quarter of fiscal year 2025, which included a non-cash tax valuation allowance of $2,385,000 recorded in provision for income taxes, compared to a net loss of $1,648,000, or $0.25 loss per diluted share, for the corresponding period in fiscal year 2024. Sales and service fees for the first quarter of fiscal year 2025 were $46,414,000, an increase of $1,355,000, or 3%, compared to the corresponding prior year period, and included an unfavorable
INDIANAPOLIS, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2024. Hurco recorded a net loss of $1,442,000, or $(0.23) per diluted share, for the fourth quarter of fiscal year 2024, which included a non-cash tax valuation allowance of $193,000 recorded in provision for income taxes, compared to net income of $2,422,000, or $0.36 per diluted share, for the corresponding period in fiscal year 2023. Hurco recorded a net loss of $16,608,000, or $(2.56) per diluted share, for fiscal year 2024, which included a non-cash tax valuation allowance of $8,590,000 recorded in provision for inco
INDIANAPOLIS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC), announced today its vision to drive the future of Autonomous Machining Centers by harnessing the power of AI, mechatronics, motion, and simulation technologies. Greg Volovic, President and CEO of Hurco, said, "Building on the successful consolidation of Hurco, Milltronics, and Takumi PC hardware, we plan to transform manufacturing by reshaping industry standards and revolutionizing our market presence with cutting-edge technologies that advance automation and connectivity to address the labor challenges that continue to inhibit growth for our customers." "Our research and development of AI-driven capabil
INDIANAPOLIS, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) made waves at the 2024 International Manufacturing Technology Show (IMTS), unveiling cutting-edge technological advancements that mark a turning point in the company's ability to leverage emerging AI technology directly into its core control software. Business owners and operators will be excited to learn that these innovations, born from relentless R&D efforts, position Hurco as a leader in machine tool technology. Visitors to IMTS were given an exclusive preview of the revolutionary AI-driven features that will define Hurco's next-generation control systems, showcasing the company's forward momentum and c
INDIANAPOLIS, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC) delivered a standout performance at the 2024 International Manufacturing Technology Show (IMTS) in Chicago, showcasing groundbreaking advancements in CNC technology and control systems. The company's expanded 16,000-square-foot booth attracted an abundance of visitors at a well-attended show, underscoring Hurco's leadership in innovation and ability to meet the evolving needs of manufacturers. "IMTS 2024 was a resounding success," said Greg Volovic, President and CEO of Hurco. "The enthusiasm from attendees reinforced that our focus on advanced technologies to drive productivity and profitability is preci
INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The strategic collaboration between Hurco Companies, Inc. (NASDAQ:HURC), a global leader in CNC machine tools and control technologies, and Universal Robots (UR), a pioneer in collaborative robotics, has culminated in the development of a revolutionary automation solution aimed at tackling the most significant challenge that manufacturers face today – the pervasive, and increasing, shortage of machinists and other skilled labor. While the benefits of automation have been obvious for years, the costs associated with implementing custom solutions has remained a high barrier to adoption, particularly for Hurco's target demographic of high-mix
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 $1,96
INDIANAPOLIS, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC), a leader in CNC machine and controls technology, is poised to make a significant impact at the International Manufacturing Technology Show (IMTS) in Chicago next month. Being North America's largest manufacturing technology exhibition, Hurco chose IMTS to unveil the results of its aggressive technology innovation and product development strategies. With an expanded 16,000-square-foot IMTS booth, Hurco will showcase how its unwavering focus on research and development is delivering cutting-edge technologies that drive productivity and profitability for customers worldwide. Greg Volovic, President and CEO s
Companies will present interactive, no-code, turnkey, robotic machine tending demos in booth #236520 and booth #338319 at the 2024 International Manufacturing Technology Show (IMTS) in Chicago, Illinois (USA) INDIANAPOLIS, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (NASDAQ:HURC), a premier CNC machine and controls industrial technology company, and Kawasaki Robotics (USA), Inc., a leading manufacturer of industrial robotics and automation systems, announced today the formation of a strategic collaboration aimed at enhancing innovation and delivering industrial-grade robotic CNC machine solutions to their customers. The collaboration will leverage the strengths of
INDIANAPOLIS, June 14, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC) ("Hurco" or the "Company"), an international industrial technology company, announced today that its Board of Directors (the "Board") elected to temporarily suspend the Company's regular quarterly cash dividend on its common stock, effective immediately. The decision comes as the Company seeks to enhance its financial flexibility and improve its ability to manage market volatility while focusing on strengthening its balance sheet, reinvesting in the Company's core business and research and development related to emerging technologies, and returning value to shareholders via the appropr