secwatch.observer — SEC 8-K summary
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Issuer:     HURCO COMPANIES INC (HURC)
CIK:        0000315374
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0001558370-23-015579
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315374/000155837023015579/0001558370-23-015579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315374/000155837023015579/hurc-20230905x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-015579

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