secwatch.observer — SEC 8-K summary
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Issuer:     HURCO COMPANIES INC (HURC)
CIK:        0000315374
Form:       8-K
Filed at:   2022-09-02T23:59:59+00:00
Accession:  0001558370-22-014152
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hurco Q3 net income $0.18 EPS vs $0.23 YoY; orders down 21%
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- Net income $1.24M ($0.18 diluted EPS) vs $1.57M ($0.23) in Q3 2021.
- Sales $57.6M (+6% YoY) but unfavorable FX impact of $4.3M (8%).
- Orders fell 21% to $52.9M; Asia Pacific orders dropped 46%.
- Americas sales +24% YoY; Europe +2% (FX -14%); Asia Pacific -25%.
- Gross margin improved to 25% from 24%; cash $73.5M vs $84.1M at Oct 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315374/000155837022014152/0001558370-22-014152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315374/000155837022014152/hurc-20220902x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-014152

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