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Hurco Cos Inc. Q2 Loss Climbs

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Hurco Cos Inc. (HURC) revealed Loss for its second quarter of -$4.063 million

The company's earnings came in at -$4.063 million, or -$0.62 per share. This compares with -$3.922 million, or -$0.61 per share, last year.

The company's revenue for the period fell 9.5% to $40.867 million from $45.172 million last year.

Hurco Cos Inc. earnings at a glance (GAAP) :

-Earnings: -$4.063 Mln. vs. -$3.922 Mln. last year.
-EPS: -$0.62 vs. -$0.61 last year.
-Revenue: $40.867 Mln vs. $45.172 Mln last year.

Greg Volovic, CEO of Hurco Cos, said: “We are all navigating a period of significant uncertainty across global markets. The challenges we face in forecasting international and domestic sales are shared by many in the manufacturing and industrial sectors."

HURC was down by 4.01% at $13.65 in the pre-market trade on the Nasdaq.

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