Hurco (HURC) Reports Q2 EPS of $0.55

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Hurco Reports Second Quarter Results for Fiscal 2018

June 8, 2018 8:00 AM EDT

INDIANAPOLIS, June 08, 2018 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the second fiscal quarter ended April 30, 2018. Hurco recorded net income of $3,751,000, or $0.55 per diluted share, for the second quarter of fiscal 2018 compared to net income of $3,646,000, or $0.54 per diluted share, for the corresponding period in fiscal 2017. For the first six months of fiscal 2018, Hurco reported net income of $6,688,000, or $0.98 per diluted share, compared to $4,525,000, or $0.67 per diluted share, for the corresponding period in fiscal 2017.

Sales and service fees for the second quarter of fiscal 2018 were $70,424,000, an... More