Hurco (HURC) Reports Q4 EPS of $0.36

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Hurco Reports Fourth Quarter and Full Year Results for Fiscal 2023

January 5, 2024 8:00 AM EST

INDIANAPOLIS, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2023. Hurco recorded net income of $2,422,000, or $0.36 per diluted share, for the fourth quarter of fiscal 2023, compared to net income of $1,424,000, or $0.22 per diluted share, for the corresponding period in fiscal 2022. For fiscal year 2023, Hurco reported net income of $4,389,000, or $0.66 per diluted share, compared to net income of $8,226,000, or $1.23 per diluted share, for fiscal year 2022.

Sales and service fees for the fourth quarter of fiscal 2023 were $66,105,000, an... More