Hurco Companies, Inc.·Industrials

HURC reports weaker sales and a wider operating loss in first-quarter fiscal 2026, though order activity improves and margins benefit from cost actions.

INDIANAPOLIS, March 06, 2026 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the first fiscal quarter ended January 31, 2026. Hurco recorded a net loss of $3,468,000, or $0.54 loss per diluted share, for the first quarter of fiscal year 2026, compared to a net loss of $4,320,000, or $0.67 loss per diluted share, for the corresponding period in fiscal year 2025.

Hurco Companies, Inc. (NASDAQ: HURC - Get Free Report) shares crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $16.95 and traded as high as $17.90. Hurco Companies shares last traded at $17.45, with a volume of 14,816 shares trading hands. Analyst Ratings Changes A number

Hurco Companies, Inc. (NASDAQ: HURC - Get Free Report) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 85,518 shares, an increase of 190.4% from the December 31st total of 29,446 shares. Approximately 1.5% of the company's shares are sold short. Based on an

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.
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 and horizontal machining centers, turning centers, and toolroom machines. 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 incorporated in 1968 and is headquartered in Indianapolis, Indiana.
Industrials
Industrial - Machinery
688
1980-08-27
0.68
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