Hurco Q1 revenue falls on weaker Milltronics shipments

Hurco Companies

06/03/2026 13:12

Overview

Industrial technology firm's Q1 sales and service fees fell 8% yr/yr, with improved gross profit margin

Company reported Q1 net loss of $3.5 mln, narrowing from previous year

Orders increased 5% in Q1

Outlook

Hurco sees improved order activity in the U.S.

Result Drivers

GROSS PROFIT MARGIN - Improved due to cost reductions and favorable sales mix of higher-performance machines

ORDERS INCREASE - Driven by increased customer demand for Hurco and Takumi machines in the Americas

SALES DECLINE - Decreased shipments of specific machine models in key regions led to revenue drop

Company press release: ID:nGNXQfF60

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
-$3.47 mln
Q1 Gross Margin
19.00%
Q1 Capex
$610,000
Q1 Gross Profit
$7.94 mln
Q1 Operating Income
-$3.17 mln
Q1 Pretax Profit
-$3.007 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)