secwatch.observer — SEC 8-K summary
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Issuer:     HURCO COMPANIES INC (HURC)
CIK:        0000315374
Form:       8-K
Filed at:   2021-09-03T23:59:59+00:00
Accession:  0001558370-21-012201
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hurco Q3 EPS $0.23 down from $0.32 YoY; sales up 19% to $54.2M; orders surge 85%
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- Net income $1.57M ($0.23 diluted EPS) vs $2.16M ($0.32) a year ago; 9-month net income $4.67M ($0.70) vs loss $2.66M (-$0.39).
- Sales $54.2M, +19% YoY; Europe sales +45% to $28.4M; Americas +7%; Asia Pacific -17%.
- Orders $66.7M, +85% YoY; Europe orders +140%; Americas +46%; Asia Pacific +58%.
- Gross margin 24% (flat YoY); operating income $2.64M (5% of sales) vs $1.44M (3%); employee retention credit benefit $989K.
- Cash $80.5M vs $57.9M at Oct 31, 2020; working capital $207.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315374/000155837021012201/0001558370-21-012201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315374/000155837021012201/hurc-20210903x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-012201

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