Hurco Q1 net loss narrows to $3.5 million as sales fall 8%
Hurco Companies reported a first-quarter fiscal 2026 net loss of $3,468,000, or $0.54 per diluted share, versus a $4,320,000 loss, or $0.67 per share, a year earlier. Sales fell 8% to $42,868,000, though orders rose 5% to $41,980,000, with the Americas up 18%. The filing gives no full-year guidance, so the quarter's mixed picture is the main signal for shareholders.
Key points
- Net loss of $3,468,000 ($0.54 per diluted share) vs. $4,320,000 ($0.67) in the prior-year quarter
- Sales and service fees of $42,868,000, down $3,546,000 or 8%; favorable currency added 4%
- Orders of $41,980,000, up 5%; Americas orders rose 18% to $17,301,000
- Gross margin improved to 19% of sales from 18%, while SG&A rose to 26% of sales from 22%
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.