Overview

* Hurco ( HURC ) fiscal Q3 sales rise 7% yr/yr, driven by growth in Americas, Asia Pacific

* Net loss narrows to $3.7 mln from $9.6 mln in prior year

* Orders fall 22% amid cautious capital purchase decisions, reflecting macroeconomic uncertainty

Outlook

* Hurco ( HURC ) optimistic about future profitability with strong cash position and tech investments

Result Drivers

* AMERICAS GROWTH - Sales in the Americas rose 10% due to increased shipments of Hurco ( HURC ) and Milltronics machines

* ASIA PACIFIC EXPANSION - Sales in Asia Pacific surged 48%, driven by higher sales of Takumi machines

* EUROPEAN STAGNATION - European sales remained flat, with favorable currency impacts offset by decreased shipments in France and Germany

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net -$3.69

Income mln

Q3 Capex $932,000

Q3 Gross $9.11

Profit mln

Q3 -$1.65

Operatin mln

g Income

Q3 -$3.13

Pretax mln

Profit

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)