---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-000087"
form_type: "8-K"
ticker: "HURC"
cik: "0000315374"
company_name: "HURCO COMPANIES INC"
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:33:53.403510+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hurco Q4 FY2023 net income $2.4M ($0.36 EPS), sales $66.1M, up 4% YoY

## Summary
- Net income $2.4M ($0.36 diluted EPS) vs $1.4M ($0.22) in Q4 2022; full year $4.4M ($0.66) vs $8.2M ($1.23).
- Sales and service fees Q4 $66.1M (+4% YoY); full year $227.8M (-9% YoY).
- Americas sales Q4 +15%, Europe -4%, Asia Pacific +1%; orders Q4 $54.1M (-7% YoY).
- Gross profit margin 26% in Q4 (down from 28%); SG&A $14.0M vs $14.9M.
- Cash $41.8M (down from $63.9M); company starts FY2024 debt-free.

## SEC filing metadata
- accession: 0001558370-24-000087
- form_type: 8-K
- ticker: HURC
- cik: 0000315374
- company_name: HURCO COMPANIES INC
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315374/000155837024000087/0001558370-24-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315374/000155837024000087/hurc-20240105x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-000087
- JSON: https://secwatch.observer/filing/0001558370-24-000087.json
- Plain text: https://secwatch.observer/filing/0001558370-24-000087.txt

## Key facts
- Earnings Releases
  HURCO COMPANIES INC reported financial results for fourth fiscal quarter and full fiscal year ended October 31, 2023.
  - Period: fourth fiscal quarter and full fiscal year ended October 31, 2023
  - Result: reported results
  source text: On January 5, 2024, Hurco Companies, Inc. (the “Company”) reported its results of operations for the fourth fiscal quarter and full fiscal year ended October 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/315374/000155837024000087/0001558370-24-000087-index.htm
- Earnings Releases
  HURCO COMPANIES INC reported financial results for fourth quarter of fiscal 2023.
  - Period: fourth quarter of fiscal 2023
  - Result: reported results
  source text: Hurco recorded net income of $2,422,000, or $0.36 per diluted share, for the fourth quarter of fiscal 2023, compared to net income of $1,424,000, or $0.22 per diluted share, for the corresponding period in fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/315374/000155837024000087/0001558370-24-000087-index.htm

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