Hurco Q2 Top and Bottom Lines Rise

Hurco Companies (NASDAQ: HURC  ) results for the company's Q2 have been released. For the quarter, sales and service fees totaled $49.6 million, up from the $46.0 million of the same period the previous year. Net income also rose, advancing to $3.2 million ($0.48 per diluted share) to eclipse Q2 2012's figure of just under $3.0 million ($0.45).

For the first six months of fiscal 2013, however, the situation was the opposite. Hurco Companies recorded sales and service fees of $93.7 million, which was lower than the $97.1 million the firm posted in the comparable year-ago period. Similarly, net income fell, dropping to $5.4 million ($0.83 per diluted share) from $7.6 million ($1.16).


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2478826, ~/Articles/ArticleHandler.aspx, 7/28/2014 12:35:32 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement