---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-012638"
form_type: "8-K"
ticker: "HURC"
cik: "0000315374"
company_name: "HURCO COMPANIES INC"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:08:12.736011+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hurco Q3 net loss $9.6M as sales drop 20%; orders rise 26% YoY

## Summary
- Net loss of $9,596,000 ($1.47 diluted EPS) vs net income of $260,000 ($0.04) in Q3 2023.
- Sales and service fees $42,651,000, down 20% YoY; Americas -16%, Europe -23%, Asia Pacific -15%.
- Global orders $52,815,000, up 26% YoY; orders outpaced sales by over $10M.
- Recorded $8,158,000 non-cash tax valuation allowance on U.S. deferred tax assets.
- Gross profit margin fell to 18% vs 25% prior year; cost reductions implemented in Q3.

## SEC filing metadata
- accession: 0001558370-24-012638
- form_type: 8-K
- ticker: HURC
- cik: 0000315374
- company_name: HURCO COMPANIES INC
- filed_at: 2024-09-06T23:59:59+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/315374/000155837024012638/0001558370-24-012638-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315374/000155837024012638/hurc-20240906x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-012638
- JSON: https://secwatch.observer/filing/0001558370-24-012638.json
- Plain text: https://secwatch.observer/filing/0001558370-24-012638.txt

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