StockNews.AI

Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2025

StockNews.AI • 2 days

MTRNMSMHMTV
High Materiality7/10

Information

INDIANAPOLIS, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported ...

Original source

AI Summary

HURC reported a Q4 loss of $3.041 million. Sales decreased 15% in Q4, totaling $45.467 million. Reduced sales reflect challenges in machine model shipment mix. CEO emphasized strong cash position and management transition. Fiscal 2026 presents growth opportunities despite economic headwinds.

Sentiment Rationale

The significant net losses and reduced sales indicate underlying operational difficulties, which historically result in negative investor sentiment.

Trading Thesis

Immediate investor perception may shift, but potential recovery in the next year could lead to regain of confidence.

Market-Moving

  • Decreased sales and larger losses could spark investor sell-off.
  • New leadership could enhance operational efficiency and strategic direction.
  • Potential for recovery in machine sales as market conditions improve.
  • Increasing cash reserves could lead to reinvestment opportunities.
  • Positive signals in orders from the U.S. and Germany may influence market confidence.

Key Facts

  • HURC reported a Q4 loss of $3.041 million.
  • Sales decreased 15% in Q4, totaling $45.467 million.
  • Reduced sales reflect challenges in machine model shipment mix.
  • CEO emphasized strong cash position and management transition.
  • Fiscal 2026 presents growth opportunities despite economic headwinds.

Companies Mentioned

  • MTRN (MTRN)
  • MSM (MSM)
  • HMTV (HMTV)

Earnings

The declining financial performance and leadership changes are likely to concern investors, but the promising market signals can still provide a narrative for recovery.

Hurco Reports Fourth Quarter and Full Year Results for Fiscal Year 2025

Hurco Companies, Inc. (Nasdaq: HURC) announced its financial results for the fourth fiscal quarter and the full year ending October 31, 2025. The company reported a net loss of $3,041,000 ($0.47 per diluted share) for Q4 2025, marking a significant increase in losses compared to a net loss of $1,442,000 ($0.23 per diluted share) in the same period in 2024. For the full fiscal year 2025, Hurco's net loss stood at $15,117,000 ($2.34 per diluted share), a slight improvement from the $16,608,000 net loss ($2.56 per diluted share) reported in 2024.

Sales Trends and Financial Performance

Sales and service fees for the fourth quarter of fiscal year 2025 totaled $45,467,000, representing a decrease of 15% or $8,235,000 compared to the previous year's fourth quarter. This figure included a moderate favorable currency impact of $882,000. For the entire fiscal year 2025, sales and service fees were recorded at $178,554,000, down 4% or $8,030,000 from fiscal year 2024, with a cumulative currency impact of $2,038,000.

CEO's Commentary on Market Challenges

Greg Volovic, Chief Executive Officer of Hurco, emphasized that despite a challenging fiscal year, the largest markets—namely the U.S. and Germany—ended strong, with notable order and sales improvements. “Our results highlight our commitment to continuous improvement and strategic execution, resulting in an increase in cash by $15 million year-over-year and a $3 million reduction in operating expenses,” said Volovic. He expressed confidence in Hurco's future, noting that the company is well-positioned for growth in fiscal year 2026.

Regional Sales Performance

The breakdown of net sales and service fees across key geographic regions for the fourth quarter and the full year is as follows:

  • Americas:
    • Q4: $18,234,000 (down 22%)
    • Full Year: $68,604,000 (down 5%)
  • Europe:
    • Q4: $23,475,000 (down 8%)
    • Full Year: $90,863,000 (down 4%)
  • Asia Pacific:
    • Q4: $3,758,000 (down 25%)
    • Full Year: $19,087,000 (down 1%)

Order Bookings Overview

Order activity saw a decline in both the fourth quarter and the entire fiscal year 2025:

  • Total orders for Q4: $46,509,000 (down 9%)
  • Total orders for FY 2025: $171,290,000 (down 14%)

While orders in the Americas saw a slight increase of 4% during the fourth quarter, overall demand decreased for the year. Orders across Europe and the Asia Pacific decreased significantly due to shifts in market demand.

Future Outlook for Hurco (HURC)

Looking ahead to fiscal year 2026, Hurco aims to leverage its strong balance sheet and enhanced leadership team to navigate ongoing market challenges. Volovic concluded with optimism about the company's capacity for long-term growth supported by its innovative product portfolio.

Related News