Hurco (HURC) Reports Q4 EPS of $0.31

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Go back to Hurco (HURC) Reports Q4 EPS of $0.31

Hurco Reports Fourth Quarter and Full Year Results for Fiscal 2019

January 3, 2020 8:00 AM EST

INDIANAPOLIS, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2019. Hurco recorded net income of $2,098,000, or $0.31 per diluted share, for the fourth quarter of fiscal 2019, compared to net income of $8,302,000, or $1.22 per diluted share, for the corresponding period in fiscal 2018. For fiscal 2019, Hurco reported net income of $17,495,000, or $2.55 per diluted share, compared to $21,490,000, or $3.15 per diluted share, for fiscal 2018. 

Sales and service fees for the fourth quarter of fiscal 2019 were $59,989,000, a decrease of $23,062,000, or 28%, compared to... More