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Hurco Companies, Inc. - HURC STOCK NEWS

Welcome to our dedicated news page for Hurco Companies (Ticker: HURC), a resource for investors and traders seeking the latest updates and insights on Hurco Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hurco Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hurco Companies's position in the market.

Rhea-AI Summary
Hurco Companies, Inc. (HURC) declared a cash dividend of $0.16 per share on its common stock, payable on April 12, 2024. The company designs and sells CNC machine tools under three brands, targeting various industries globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
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dividends
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Rhea-AI Summary
Hurco Companies, Inc. reported a net loss of $1,648,000 for Q1 2024, with sales decreasing by 18%. Despite disappointing results, positive shifts were seen in the Americas and Asia Pacific regions. The company is investing in innovation and relocating Milltronics to enhance customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.29%
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Rhea-AI Summary
Hurco Companies, Inc. (Nasdaq: HURC) reported net income of $2,422,000 for Q4 2023, compared to $1,424,000 for Q4 2022. Sales and service fees for Q4 2023 were $66,105,000, an increase of 4%, but for fiscal year 2023, sales decreased by 9% to $227,807,000. Orders for Q4 2023 were $54,141,000, a decrease of 7%, and for fiscal year 2023, orders decreased by 13% to $209,676,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.67%
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Rhea-AI Summary
Hurco Companies, Inc. (HURC) announces approval of $0.16 per share cash dividend, payable on January 16, 2024, to shareholders of record as of January 2, 2024. The company's products cater to the metal cutting and metal forming industry, including precision parts, tools, dies, and molds for aerospace, defense, medical equipment, energy, transportation, and computer equipment. Hurco operates globally and has manufacturing operations in Taiwan, Italy, the U.S., and China.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
dividends
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Rhea-AI Summary
Hurco Companies, Inc. approves cash dividend of $0.16 per share on its common stock, payable on October 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
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dividends
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Rhea-AI Summary
Hurco Companies, Inc. reports Q3 2023 results with net income of $260,000, a decrease of 79% compared to the same period last year. Sales and service fees for Q3 2023 were $53.2 million, a decrease of 8% compared to the same period last year. Orders for Q3 2023 were $42.1 million, a decrease of 20% compared to the same period last year. Gross profit for Q3 2023 was $13.4 million, or 25% of sales. Selling, general, and administrative expenses for Q3 2023 were $12.4 million, or 23% of sales. Cash and cash equivalents totaled $41 million at July 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
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News
Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-2.17%
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dividends
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Rhea-AI Summary
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3.02%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
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dividends earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
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Hurco Companies, Inc.

Nasdaq:HURC

HURC Rankings

HURC Stock Data

125.31M
5.18M
7.65%
73.74%
0.14%
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Manufacturing
Link
US
Indianapolis

About HURC

your expertise combined with our technology to produce quality parts more profitably—that’s mind over metal. that’s hurco. hurco companies, inc. (nasdaq: hurc) is an industrial technology company that designs and produces interactive computer controls, software and computerized machine tools for the worldwide metal cutting and metal forming industry. the end market for the company's products consists primarily of independent job shops and short-run manufacturing operations within large corporations in industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment. the company is based in indianapolis, indiana, with manufacturing operations in taiwan and china, and sells its products through direct and indirect sales forces throughout north america, europe, and asia. the company has sales, application engineering support and service subsidiaries in canada, china, england, france, germany, india, italy, poland, singapore, south africa, and the unit