Hurco (HURC) Reports Q1 EPS of $0.13

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Hurco Reports First Quarter Results for Fiscal 2017

March 10, 2017 8:00 AM EST

INDIANAPOLIS, March 10, 2017 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the first fiscal quarter ended January 31, 2017. Hurco recorded net income of $879,000, or $0.13 per diluted share, for the first quarter of fiscal 2017 compared to net income of $3,895,000, or $0.58 per diluted share, for the corresponding period in fiscal 2016.

Hurco CEO Michael Doar stated, I am encouraged by the increased volume of orders we received from all product lines and geographic regions during the first quarter of fiscal 2017 compared to the first quarter of fiscal 2016.  Two strong order... More