Hurco Returns to Profitability in Q3 with 25% Order Growth
HURC sits 55% above its 52-week low of $14.5.
Summary
Hurco returned to profitability in fiscal Q3 with net income of $2.31 million, a 25% jump in new orders, and gross margin expansion to 28%, while maintaining a debt-free balance sheet with $52.1 million in cash.
Key Events · Earnings and Guidance · HURC
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Q3 Return to Profitability
Net income of $2.31 million versus a $3.69 million loss last year, with EPS of $0.35 per diluted share.
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Gross Margin Expansion
Gross margin improved to 28% of sales from 20% a year ago, driven by higher-performance machine mix, price increases, and tariff refund claims.
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Order Growth Accelerates
New orders rose 25% to $51.4 million, with Asia Pacific up 68% and Americas up 37%, indicating strengthening demand.
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Credit Facility Constraint
The $20 million 2026 Credit Agreement is effectively unusable until trailing twelve-month EBITDA turns positive, though the company has no borrowings outstanding.
Analysis · HURC · Industrial Applications And Services
A swing to a $2.31 million net profit in fiscal Q3 from a $3.69 million loss a year ago was driven by a 3% revenue increase and an 800 basis point gross margin expansion to 28%. New orders jumped 25% to $51.4 million, with Asia Pacific orders up 68% and Americas up 37%, suggesting demand momentum is building. The company holds $52.1 million in cash and no debt, but its new $20 million credit facility is effectively unusable until trailing twelve-month EBITDA turns positive — a constraint worth noting despite the strong quarter.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 29.6% of the 1759 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.20%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, HURC was trading at $22.47 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $145.5M. The 52-week trading range was $14.50 to $24.49. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.