Machine tools maker Hurco's Q4 net loss widens

Reuters
Jan 09
Machine tools maker Hurco's Q4 net loss widens

Overview

  • Industrial technology firm's Q4 revenue fell 15% yr/yr, net loss widens

  • Company increased cash reserves by $15 mln and reduced SG&A expenses by $3 mln

Outlook

  • Hurco expects to navigate fiscal 2026 with a strong balance sheet and management team

  • Company anticipates long-term growth supported by its product portfolio

Result Drivers

  • MACHINE MIX SHIFT - Decreased sales in the Americas due to a shift from 5-axis to 3-axis machines, impacting revenue despite increased shipment volume

  • ORDER IMPROVEMENT - U.S. and Germany showed strongest qtr of orders and sales by fiscal year-end, reflecting a positive trend change

  • TARIFF IMPACT - Increased tariffs on U.S. imports negatively impacted gross profit, reducing leverage of fixed costs

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

$0.47

Q4 Net Income

-$3.04 mln

Q4 Gross Margin

17.00%

Q4 Capex

$733,000

Q4 Gross Profit

$7.75 mln

Q4 Operating Income

-$3.46 mln

Q4 Pretax Profit

-$3.22 mln

Press Release: ID:nGNX6HcW3v

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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