---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-008987"
form_type: "8-K"
ticker: "HURC"
cik: "0000315374"
company_name: "HURCO COMPANIES INC"
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:44:01.087458+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hurco reports Q2 net loss of $3.9M; sales down 16% YoY as market softens

## Summary
- Net loss $0.61 per diluted share vs net income $0.06 in Q2 last year; six-month loss $0.86.
- Sales $45.2M, down 16% YoY; orders $44.2M, down 27% YoY.
- Gross profit margin fell to 18% from 23% due to lower volume and price cuts to reduce inventories.
- European sales dropped 24%, Americas -8%, Asia Pacific flat; six-month Europe -22%, Americas -17%.
- Cash & equivalents $37.5M; working capital $187.6M; management emphasizes cost controls and R&D investment.

## SEC filing metadata
- accession: 0001558370-24-008987
- form_type: 8-K
- ticker: HURC
- cik: 0000315374
- company_name: HURCO COMPANIES INC
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315374/000155837024008987/0001558370-24-008987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315374/000155837024008987/hurc-20240607x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-008987
- JSON: https://secwatch.observer/filing/0001558370-24-008987.json
- Plain text: https://secwatch.observer/filing/0001558370-24-008987.txt

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