Hurco Cos Q2 EPS $0.06 Down From $0.30 YoY, Sales $53.82M Down From $62.83M YoY
Portfolio Pulse from Benzinga Newsdesk
Hurco Cos reported Q2 earnings of $0.06 per share, an 80% decrease YoY, and sales of $53.82 million, a 14.34% decrease YoY.
June 02, 2023 | 12:05 pm
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Hurco Cos' Q2 earnings decreased by 80% YoY to $0.06 per share, and sales dropped 14.34% YoY to $53.82 million.
Hurco Cos reported a significant decrease in both earnings and sales for Q2 compared to the same period last year. This negative performance is likely to have a short-term negative impact on the stock price, as investors may be concerned about the company's financial health and growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100