{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-003399","form_type":"8-K","ticker":"HURC","cik":"0000315374","company_name":"HURCO COMPANIES INC","filed_at":"2023-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.593985+00:00","generated_at":"2026-06-18T05:59:15.232048+00:00","sec_items":["2.02","5.07","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hurco Q1 EPS $0.20, revenue down 18% YoY; orders fall 25%","bullets":["Net income $1.33M ($0.20 diluted EPS) vs $3.535M ($0.53) in prior year Q1.","Sales $54.68M, down 18% YoY; Americas -8%, Europe -16%, Asia Pacific -53%.","Orders $53.23M, down 25% YoY; currency headwinds provided 5% unfavorable impact.","Board declares $0.16/share cash dividend, payable Apr 10 to holders of record Mar 27.","New $25M share repurchase program authorized through Nov 2024; prior $7M program expires Mar 10."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-003399","json":"https://secwatch.observer/filing/0001558370-23-003399.json","markdown":"https://secwatch.observer/filing/0001558370-23-003399.md","text":"https://secwatch.observer/filing/0001558370-23-003399.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/315374/000155837023003399/0001558370-23-003399-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/315374/000155837023003399/hurc-20230309x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T05:59:15.232048+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bb1dbc31c986f1e6d8e2032670a944c5ddcd1aea","claim":"HURCO COMPANIES INC reported the first fiscal quarter ended January 31, 2023 results: revenue $54,682,000, net income $1,330,000, EPS $0.20 per diluted share.","evidence_excerpt":"net income of $3,535,000, or $0.53 per diluted share, for the corresponding period in fiscal year 2022. ​ Sales and service fees for the first quarter of fiscal year 2023 were $54,682,000, a decrease of $12,205,000, or 18%, compared to the corresponding prior year period, and included an unfavorable currency impact of $3,189,000, or 5%, when translating foreign","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/315374/000155837023003399/0001558370-23-003399-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first fiscal quarter ended January 31, 2023"},{"label":"Revenue","value":"$54,682,000"},{"label":"Net income","value":"$1,330,000"},{"label":"EPS","value":"$0.20 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"007f83d7bb79528e7673ca3f3fa63417f58302b8","claim":"HURCO COMPANIES INC shareholders approved Ratification of appointment of public accounting firm at the 2023-03-09 meeting.","evidence_excerpt":"For ​ Against Abstentions ​ ​ Broker Non- Votes Ratification of appointment of public accounting firm: 5,649,468 79,273 4,772 ​ -","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/315374/000155837023003399/0001558370-23-003399-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-03-09"}],"fact_type":"shareholder_vote"},{"claim_id":"5c5035fbfa4f80d46b50e2315a6c1e1624a1d99b","claim":"HURCO COMPANIES INC shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-03-09 meeting.","evidence_excerpt":"1 Year 2 Years ​ ​ ​ ​ 3 Years Abstentions ​ Broker Non- Votes Advisory vote on frequency of future say-on-pay votes: 4,468,123 8,845 482,600 120,338 653,607","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/315374/000155837023003399/0001558370-23-003399-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-03-09"}],"fact_type":"shareholder_vote"},{"claim_id":"8d6eb9ee5b762af4c765b299d3485189b909949b","claim":"HURCO COMPANIES INC shareholders approved Election of directors at the 2023-03-09 meeting.","evidence_excerpt":"Number of Votes FOR Number of Votes WITHHELD Broker Non- Votes ​ Election of Directors: ​ ​ ​ ​ Thomas A. Aaro 2,939,869 2,140,037 653,607 ​ Michael Doar 4,993,288 86,618 653,607 ​ Cynthia Dubin 5,023,183 56,723 653,607 ​ Timothy J. Gardner 5,020,620 59,286 653,607 ​ Jay C. Longbottom 2,939,094 2,140,812 653,607 ​ Richard Porter 2,919,349 2,160,557 653,607 ​ Janaki Sivanesan 4,764,849 315,057 653,607 ​ Gregory S. Volovic 5,020,237 59,669 653,607","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/315374/000155837023003399/0001558370-23-003399-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-03-09"}],"fact_type":"shareholder_vote"},{"claim_id":"b3991a1049854d9a84ce4c6c7af801757f28d174","claim":"HURCO COMPANIES INC shareholders approved Advisory vote to approve executive compensation at the 2023-03-09 meeting.","evidence_excerpt":"For ​ Against Abstentions Broker Non- Votes Advisory vote to approve executive compensation: 4,052,666 899,775 127,465 653,607","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/315374/000155837023003399/0001558370-23-003399-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-03-09"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}