Hurco Reports Third Quarter Results For Fiscal Year 2025
1. HURC reported a smaller net loss this quarter compared to last year. 2. Sales increased by 7%, driven by 10% growth in the Americas. 3. Orders decreased by 22%, signaling reduced demand in key regions. 4. HURC maintains over $44 million in cash, suggesting healthy liquidity. 5. CEO cites cautious optimism amid macroeconomic uncertainties affecting purchases.