Hurco Reports Third Quarter Results For Fiscal Year 2025

INDIANAPOLIS, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq:HURC) today reported results for the third fiscal quarter ended July 31, 2025. Hurco recorded a net loss of $3,693,000, or $0.58 per diluted share, for the third quarter of fiscal year 2025, compared to a net loss of $9,596,000, or $1.47 per diluted share, for the corresponding period in fiscal year 2024. These net losses for the third quarter of fiscal years 2025 and 2024 included non-cash tax valuation allowances of $1,639,000 and $8,158,000, respectively, recorded in provision for income taxes. For the nine months of fiscal year 2025, Hurco reported a net loss of $12,076,000, or $1.87 per diluted share, compared to a net loss of $15,166,000, or $2.33 per diluted share, for the corresponding period in fiscal year 2024. These net losses for the nine months of fiscal years 2025 and 2024 included non-cash tax valuation allowances of $5,294,000 and $8,158,000, respectively, recorded in provision for income taxes.