Machine tools maker Hurco's Q4 net loss widens

Hurco Companies

09/01/2026 13:13

Overview

Industrial technology firm's Q4 revenue fell 15% yr/yr, net loss widens

Company increased cash reserves by $15 mln and reduced SG&A expenses by $3 mln

Outlook

Hurco expects to navigate fiscal 2026 with a strong balance sheet and management team

Company anticipates long-term growth supported by its product portfolio

Result Drivers

MACHINE MIX SHIFT - Decreased sales in the Americas due to a shift from 5-axis to 3-axis machines, impacting revenue despite increased shipment volume

ORDER IMPROVEMENT - U.S. and Germany showed strongest qtr of orders and sales by fiscal year-end, reflecting a positive trend change

TARIFF IMPACT - Increased tariffs on U.S. imports negatively impacted gross profit, reducing leverage of fixed costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.47
Q4 Net Income
-$3.04 mln
Q4 Gross Margin
17.00%
Q4 Capex
$733,000
Q4 Gross Profit
$7.75 mln
Q4 Operating Income
-$3.46 mln
Q4 Pretax Profit
-$3.22 mln


Press Release: ID:nGNX6HcW3v

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(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.)