{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-002789","form_type":"8-K","ticker":"HURC","cik":"0000315374","company_name":"HURCO COMPANIES INC","filed_at":"2024-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.545171+00:00","generated_at":"2026-06-05T00:52:11.835261+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hurco reports Q1 net loss of $0.25 per share; revenue down 18% to $45.1M","bullets":["Net loss of $1.65M ($0.25/diluted share) vs net income of $1.33M ($0.20) a year ago.","Sales and service fees $45.1M, down 18% YoY; Americas -24%, Europe -20%, Asia Pacific +39%.","Orders $50.2M, down 6% YoY; Americas orders +6%, Europe -21%, Asia Pacific +61%.","Gross margin fell to 22% of sales from 23%, pressured by lower volume and fixed cost allocation.","Cash and equivalents $37.9M, down from $41.8M at Oct 31, 2023; working capital $196.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-002789","json":"https://secwatch.observer/filing/0001558370-24-002789.json","markdown":"https://secwatch.observer/filing/0001558370-24-002789.md","text":"https://secwatch.observer/filing/0001558370-24-002789.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/315374/000155837024002789/0001558370-24-002789-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/315374/000155837024002789/hurc-20240308x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T00:52:11.835261+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":"f04ff36bd5bcc0f8ce7d8800bc02e51d22373c6c","claim":"HURCO COMPANIES INC reported first fiscal quarter ended January 31, 2024 results: revenue $45,059,000, net income net loss of $1,648,000, EPS $0.25 per diluted share.","evidence_excerpt":"net income of $1,330,000, or $0.20 per diluted share, for the corresponding period in fiscal year 2023. ​ Sales and service fees for the first quarter of fiscal year 2024 were $45,059,000, a decrease of $9,623,000, or 18%, compared to the corresponding prior year period, and included a favorable currency impact of $779,000, or 1%, when translating foreign sales to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/315374/000155837024002789/0001558370-24-002789-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended January 31, 2024"},{"label":"Revenue","value":"$45,059,000"},{"label":"Net income","value":"net loss of $1,648,000"},{"label":"EPS","value":"$0.25 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}