Hurco Companies, Inc. (HURC)
Market Closed
3 Jun, 20:00
NASDAQ (NGS) NASDAQ (NGS) Primary 
XFRA $
16. 62
-0.06
-0.36%
$
108.62M Market Cap
94.19 P/E Ratio
0.64% Div Yield
14,633 Volume
0 Eps
$ 16.68
Previous Close Investors:
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Hurco (HURC) Q2 Earnings Decline Y/Y, Gross Margin Contracts
Hurco's (HURC) overall topline is dampened by revenue declines in all its geographic regions.
Zacks | 1 year ago
Hurco's Results Reflect An Underlying Industrial Market That Is Still Under Real Pressure
Hurco's fiscal second quarter reflected underappreciated pressures in the industrial economy, as industrial capex spending weakens amid short-cycle uncertainty. The company's gross margin fell more than expected, as the company cut prices to move inventory and saw a less favorable sales mix. Macro indicators like PMIs and machine tool orders as well as weaker results from other players in industrial markets support the thesis that current underlying conditions are tough.
Seekingalpha | 1 year ago
