---
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"
generated_at: "2026-06-05T00:52:11.835261+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hurco reports Q1 net loss of $0.25 per share; revenue down 18% to $45.1M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-002789
- JSON: https://secwatch.observer/filing/0001558370-24-002789.json
- Plain text: https://secwatch.observer/filing/0001558370-24-002789.txt

## Key facts
- Earnings Releases
  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.
  - Period: first fiscal quarter ended January 31, 2024
  - Revenue: $45,059,000
  - Net income: net loss of $1,648,000
  - EPS: $0.25 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/315374/000155837024002789/0001558370-24-002789-index.htm

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