Hurco swings to Q3 profit of $2.3 million as sales rise 3% and orders jump 25%
Hurco Companies reported net income of $2.3 million, or $0.35 per diluted share, for the fiscal third quarter ended July 31, 2026, compared with a net loss of $3.7 million, or $0.58 per share, a year earlier. Sales and service fees rose 3% to $47.3 million, and orders rose 25% to $51.4 million, while the company reported no debt and $52.1 million in cash. The nine-month period still shows a net loss of $3.5 million, or $0.55 per diluted share.
- Q3 net income of $2,314,000 ($0.35 per diluted share) versus a net loss of $3,693,000 ($0.58 per share) in Q3 fiscal 2025
- Q3 sales and service fees of $47,289,000, up 3%; Asia Pacific sales up 51% and Americas up 11%, while Europe fell 12%
- Q3 gross margin of 28% versus 20% a year earlier; management said tariff refunds helped but were not the larger driver of profit
- Nine-month net loss of $3,526,000 ($0.55 per diluted share), compared with a $12,076,000 loss ($1.87 per share) a year earlier