Industrial technology seller Hurco's Q3 sales rise 7%

Hurco Companies

05/09/2025 13:12

Overview

Hurco fiscal Q3 sales rise 7% yr/yr, driven by growth in Americas, Asia Pacific

Net loss narrows to $3.7 mln from $9.6 mln in prior year

Orders fall 22% amid cautious capital purchase decisions, reflecting macroeconomic uncertainty

Outlook

Hurco optimistic about future profitability with strong cash position and tech investments

Result Drivers

AMERICAS GROWTH - Sales in the Americas rose 10% due to increased shipments of Hurco and Milltronics machines

ASIA PACIFIC EXPANSION - Sales in Asia Pacific surged 48%, driven by higher sales of Takumi machines

EUROPEAN STAGNATION - European sales remained flat, with favorable currency impacts offset by decreased shipments in France and Germany

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$3.69 mln
Q3 Capex
$932,000
Q3 Gross Profit
$9.11 mln
Q3 Operating Income
-$1.65 mln
Q3 Pretax Profit
-$3.13 mln


Press Release: ID:nGNX6ZG3HJ

(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.)