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Hurco Companies, Inc. (HURC) reported a narrower net loss of $3.7 million or $0.58 per diluted share for Q3 fiscal 2025, compared to a loss of $9.6 million or $1.47 per share in the same quarter last year. Revenue increased by 7.4% year-over-year to $45.8 million. This performance comes alongside a 4.9% increase in shares since the earnings announcement on July 31, 2025, while the S&P 500 rose by 0.3% during the same period.
By region, sales in the Americas rose by 9.8%, while Asia Pacific saw a surge of 48.4%. However, total orders fell by 22.4%, with a reported $40.9 million in orders for the quarter. Despite a gross margin improvement to 20%, the company faced an operating loss of $1.7 million, though this was better than the $2.5 million loss from the previous year. As of July 31, 2025, cash and cash equivalents stood at $44.5 million, an increase from $33.3 million at the end of fiscal 2024.
CEO Greg Volovic emphasized the company’s improved liquidity and cost management, noting signs of customer confidence amid changing economic conditions. Hurco continues to repurchase shares under a $25 million buyback program and has spent approximately $5.3 million to date.
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