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Hurco Q2 Profit Rises

Hurco Companies Inc. (HURC) Friday said its profit for the second quarter increased from last year, driven mainly by a double-digit growth in revenues.

The Indianapolis, Indiana-based company reported a second-quarter net profit of $2.96 million or $0.45 per share, compared to $2.35 million or $0.36 per share last year.

Total revenues for the quarter grew 11 percent to $45.97 million from $41.58 million in the prior-year quarter.

by RTTNews Staff Writer

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