---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-015579"
form_type: "8-K"
ticker: "HURC"
cik: "0000315374"
company_name: "HURCO COMPANIES INC"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:22:39.443133+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hurco Q3 EPS $0.04 vs $0.18 YoY; dismisses RSM, hires Deloitte as auditor

## Summary
- Net income $260,000 ($0.04 diluted EPS) vs $1.238M ($0.18) in Q3 2022; sales $53.2M down 8%.
- Orders fell 20% to $42.1M; Americas orders down 33%, Asia Pacific down 43%.
- Auditor change: RSM US LLP dismissed; Deloitte & Touche LLP engaged for FY2024 effective after FY2023 audit.
- No disagreements or reportable events with RSM during 2021–2022 or subsequent interim period.
- Cash and equivalents $41.0M at July 31, 2023, down from $63.9M at Oct 31, 2022.

## SEC filing metadata
- accession: 0001558370-23-015579
- form_type: 8-K
- ticker: HURC
- cik: 0000315374
- company_name: HURCO COMPANIES INC
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315374/000155837023015579/0001558370-23-015579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315374/000155837023015579/hurc-20230905x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-015579
- JSON: https://secwatch.observer/filing/0001558370-23-015579.json
- Plain text: https://secwatch.observer/filing/0001558370-23-015579.txt

## Key facts
- Auditor Changes
  HURCO COMPANIES INC dismissed RSM US LLP as its auditor.
  - Action: dismissal
  - Auditor: RSM US LLP
  - Successor: Deloitte & Touche LLP
  source text: the Audit Committee approved a change of the Company’s independent registered public accounting firms for its 2024 fiscal year and, on September 5, 2023, notified RSM US LLP (“RSM”), the Company’s current independent registered public accounting firm, of its dismissal as the Company’s independent registered public accounting firm
  evidence_url: https://www.sec.gov/Archives/edgar/data/315374/000155837023015579/0001558370-23-015579-index.htm
- Earnings Releases
  HURCO COMPANIES INC reported third fiscal quarter and nine months ended July 31, 2023 results: revenue $53,201,000, net income $260,000, EPS $0.04 per diluted share.
  - Period: third fiscal quarter and nine months ended July 31, 2023
  - Revenue: $53,201,000
  - Net income: $260,000
  - EPS: $0.04 per diluted share
  - Result: reported results
  source text: net income of $6,802,000, or $1.01 per diluted share, for the corresponding period in fiscal year 2022. ​ Sales and service fees for the third quarter of fiscal year 2023 were $53,201,000, a decrease of $4,439,000, or 8%, compared to the corresponding prior year period, and included a favorable currency impact of $579,000, or 1%, when translating foreign sales to
  evidence_url: https://www.sec.gov/Archives/edgar/data/315374/000155837023015579/0001558370-23-015579-index.htm

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