Hurco Companies IncHURC

NasdaqTechnologyIndustrial Instruments For Measurement, Display, and Control
Price (close)
$21.63
Market cap
$140.1M
P/E
—
Revenue (TTM)
$183.2M
Net income
-$6.6M
Dividend yield
—
1-year total return
24.3%
Net margin
-3.6%
Revenue growth
-1.9%
Debt / equity
—

What Hurco Companies Inc does.

Hurco Companies, Inc. is an international, industrial technology company. We design, manufacture, and sell computerized (i.e., Computer Numeric Control (“CNC”)) machine tools, consisting primarily of vertical machining centers (mills) and turning centers (lathes), to companies in the metal cutting industry through a worldwide sales, service, and distribution network. Although most of our computer control systems and software products are proprietary, they predominantly use industry standard personal computer components. Our computer control systems and software products are primarily sold as integral components of our computerized machine tool products. We also provide machine tool components, automation integration equipment and solutions for job shops, software options, control upgrades, accessories, and replacement parts for our products, as well as customer service, training, and applications support. As used in this report, the words “we”, “us”, “our”, “Hurco” and the “Company” refer to Hurco Companies, Inc., and its consolidated subsidiaries.

Since our founding in 1968, we have been a leader in the introduction of interactive computer control systems that automate manufacturing processes and improve productivity in the metal parts manufacturing industry. We pioneered the application of microprocessor technology and conversational programming software for use in machine tools. Our Hurco brand computer control systems can be operated by both skilled and unskilled machine tool operators, and yet can instruct a machine to perform complex tasks. The combination of microprocessor technology and patented interactive, conversational programming software in our proprietary computer control systems enables operators on the production floor to create a program quickly and easily to machine a particular part from a blueprint or computer aided design file, and immediately begin machining that part.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$170.6M$235.2M$250.8M$227.8M$186.6M$178.6M
Net income-$6.2M$6.8M$8.2M$4.4M-$16.6M-$15.1M
Free cash flow$10.2M$30.9M-$5.1M-$14.1M-$3.8M$16.7M

More on HURC.

Figures from Hurco Companies Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.