secwatch.observer — SEC 8-K summary
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Issuer:     HURCO COMPANIES INC (HURC)
CIK:        0000315374
Form:       8-K
Filed at:   2022-06-03T23:59:59+00:00
Accession:  0001558370-22-009698
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hurco Q2 net income down 17% YoY to $0.30 EPS; sales up 8% but orders fall 10%
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- Net income of $2.03M ($0.30 diluted EPS) vs $2.44M ($0.36) in Q2 2021.
- Sales and service fees of $62.8M, up 8% YoY; unfavorable currency impact of $2.5M (4%).
- Orders booked of $58.9M, down 10% YoY; Europe orders fell 19%, Asia Pacific fell 45%.
- Americas sales up 14%, Europe up 7%, Asia Pacific up 3%; all regions contributed to growth.
- Cash and equivalents $82.0M; working capital $203.4M, down from $208.7M at year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315374/000155837022009698/0001558370-22-009698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315374/000155837022009698/hurc-20220603x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-009698

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