Hurco: Overview of Fiscal Fourth Quarter Results

Hurco Cos. Reports Fourth Quarter Financial Results

Indianapolis-based Hurco Companies announced on Friday that it experienced a net loss of $3 million during its fiscal fourth quarter.

The company, which specializes in producing computerized machine tools for the metal cutting sector, reported a quarterly loss of 47 cents per share.

Revenue for the quarter reached $45.5 million.

Looking at the full fiscal year, Hurco recorded a total loss of $15.1 million, translating to $2.34 per share, with annual revenue totaling $178.6 million.