Hurco Cos Q3 EPS $0.04 Down From $0.18 YoY, Sales $53.20M Down From $57.64M YoY
Portfolio Pulse from Benzinga Newsdesk
Hurco Cos (NASDAQ:HURC) reported a 77.78% decrease in quarterly earnings, from $0.18 per share last year to $0.04 per share this year. Sales also decreased by 7.70% from $57.64 million to $53.20 million YoY.
September 08, 2023 | 12:06 pm
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Hurco Cos reported a significant decrease in both earnings and sales YoY. This could potentially impact investor confidence and the company's stock price.
The significant decrease in both earnings and sales indicates a potential downturn in the company's performance. This could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100