---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-002873"
form_type: "8-K"
ticker: "HURC"
cik: "0000315374"
company_name: "HURCO COMPANIES INC"
filed_at: "2022-03-04T23:59:59+00:00"
generated_at: "2026-06-27T01:44:01.957380+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hurco reports Q1 net income $3.5M / $0.53 EPS vs $0.10 prior year; sales up 24%

## Summary
- Net income $3.5M ($0.53 diluted EPS) vs $663K ($0.10) prior year; gross margin improved to 25% from 21%.
- Sales $66.9M, up 24% YoY; European sales +41%, Asia Pacific +32%, Americas +3%.
- Orders $70.9M, up 24% YoY; Europe orders +58% driven by higher-performance machines.
- Cash $90.0M, working capital $210.5M; stock repurchase program commenced in quarter.
- CEO cited sixth consecutive quarter orders > sales; continued focus on growth and acquisitions.

## SEC filing metadata
- accession: 0001558370-22-002873
- form_type: 8-K
- ticker: HURC
- cik: 0000315374
- company_name: HURCO COMPANIES INC
- filed_at: 2022-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315374/000155837022002873/0001558370-22-002873-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315374/000155837022002873/hurc-20220304x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-002873
- JSON: https://secwatch.observer/filing/0001558370-22-002873.json
- Plain text: https://secwatch.observer/filing/0001558370-22-002873.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.