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News Release View printer - friendly version HURCO REPORTS PROFIT IN THIRD QUARTER RESULTS FOR FISCAL YEAR 2026 << Back INDIANAPOLIS , Sept. 04 , 2026 ( GLOBE NEWSWIRE ) -- Hurco Companies , Inc. ( Nasdaq : HURC ) today reported results for the third fiscal quarter ended July 31 , 2026. Hurco recorded net income of $ 2,314,000 , or $ 0.35 per diluted share , for the third quarter of fiscal year 2026 , compared to a net loss of $ 3,693,000 , or $ ( 0.58 ) per diluted share , for the corresponding period in fiscal year 2025. For the first nine months of fiscal year 2026 , Hurco reported a net loss of $ 3,526,000 , or $ ( 0.55 ) per diluted share , compared to a net loss of $ 12,076,000 , or $ ( 1.87 ) per diluted share , for the corresponding period in fiscal year 2025 . Sales and service fees for the third quarter of fiscal year 2026 were $ 47,289,000 , an increase of $ 1,483,000 , or 3 % , compared to the corresponding prior year period , and included an unfavorable currency impact of $ 20,000 , or less than 1 % , when translating foreign sales to U.S. dollars for financial reporting purposes . Sales and service fees for the first nine months of fiscal year 2026 were $ 137,775,000 , an increase of $ 4,688,000 , or 4 % , compared to the corresponding prior year period , and included a favorable currency impact of $ 3,145,000 , or 2 % , when translating foreign sales to U.S. dollars for financial reporting purposes . Greg Volovic , Chief Executive Officer , stated , " Just last quarter we said our disciplined execution of strategic pricing and tighter cost control through the down cycle was beginning to show , and we were working our way back to profitable quarters . This quarter , we were profitable . Gross margin for the third quarter of this fiscal year expanded 800 basis points to 28 % , compared to the corresponding prior year period , primarily through measured cost control that began over two years ago , improved absorption of our fixed overhead across assembly operations , higher machine sales volumes in the U.S. and Asia Pacific , and a stronger mix of 5 - axis and higher - performance machine sales globally , reflecting the premium our customers place on proprietary control technology and automation . Tariff refunds have helped this year , but the fundamentals of the business have proven to be the larger contributor to profitability . Orders for the first nine months of fiscal 2026 increased 24 % compared to this same period last year , and improved across all regions of the world , outpacing shipments . " Mr. Volovic continued , " We know this industry is cyclical , and we are not declaring the cycle over , but we believe the direction of our business has turned , and we intend to build on it . We will carry that momentum into IMTS in Chicago later this month , where we plan to introduce the next generation of our proprietary control technology to customers from around the world . With $ 52 million in cash , $ 167 million of working capital , and no debt , we have both the confidence and the financial strength to invest in that future to build long - term value for our shareholders . " The following table sets forth net sales and service fees by geographic region for the third fiscal quarter and nine months ended July 31 , 2026 , and 2025 ( dollars in thousands ) : Americas Europe 2026 Three Months Ended July 31 , $ Change 2025 $ 18,778 $ 16,901 $ 1,877 Nine Months Ended July 31 , % Change 2026 Asia Pacific 21,336 24,166 ( 2,830 ) 7,175 4,739 2,436 ( 12 ) % 51 % Total $ 47,289 $ 45,806 $ 1,483 3 % $ Change 11 % $ 56,174 $ 50,370 $ 5,804 61,697 67,388 ( 5,691 ) 19,904 15,329 4,575 $ 137,775 $ 133,087 $ 4,688 2025 % Change 12 % ( 8 ) % 30 % 4 % Sales in the Americas for the third quarter of fiscal year 2026 increased by 11 % , compared to the corresponding period in fiscal year 2025 , primarily due to increased shipments of Hurco 5 - axis and larger , higher - performance vertical milling machines , and increased shipments of Takumi and Milltronics toolroom lathes . Sales in the Americas for the first nine months of fiscal year 2026 increased by 12 % , compared to the corresponding period in fiscal year 2025 , primarily due to increased shipments of Hurco 5 - axis machines and larger , higher - performance vertical milling machines , increased shipments of Takumi lathes and vertical milling machines , and increased shipments of Milltronics toolroom lathes .