Hurco Hammered As Short-Cycle Manufacturing Trends Remain Weak

Liuhsihsiang Uncertainty has been a watchword in the manufacturing space for a while now, and the results at Hurco (NASDAQ:HURC) certainly reflect that. When I last wrote about this small manufacturer of machine tools, I was concerned about an ugly near-term outlook for manufacturing tool demand in North America and Western Europe and the likelihood that the company would “bump along the bottom” for a few more quarters. Those bumps proved to be a lot more jarring, as fiscal Q4’23 results were surprising ...