secwatch.observer — SEC 8-K summary
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Issuer:     HURCO COMPANIES INC (HURC)
CIK:        0000315374
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001558370-25-000102
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hurco reports Q4 net loss of $1.44M; full-year sales down 18% to $186.6M
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- Q4 net loss $1.44M ($0.23/share) vs net income $2.42M ($0.36/share) a year ago.
- Full-year net loss $16.6M ($2.56/share) includes $8.6M non-cash tax valuation allowance.
- Q4 sales $53.7M (-19% YoY); gross margin fell to 23% from 26% on lower volumes and pricing.
- Asia Pacific orders up 103% in Q4 and 54% for full year; Americas and Europe orders down.
- Cash and equivalents $33.3M vs $41.8M; working capital $180.8M down from $193.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315374/000155837025000102/0001558370-25-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315374/000155837025000102/hurc-20250110x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000102

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