Hurco Stock Down on Q4 Loss, Revenue and Gross Margins Decline

Shares of Hurco Companies, Inc. (HURC) have lost 3.9% since the company reported its earnings for the quarter ended Oct. 31, 2024. This compares to the S&P 500 Index’s 1.3% decline over the same time frame. Over the past month, the stock lost 2.8% compared with the S&P 500’s 3.9% decline.Performance OverviewHurco reported a net loss of $1.4 million, or $(0.23) per diluted share, for the fourth quarter of fiscal 2024 against net income of $2.4 million, or $0.36 per diluted share, in the year-ago period. For ...