Hurco Cos Q2 EPS $(0.61) Down From $0.06 YoY, Sales $45.17M Down From $53.82M YoY
Portfolio Pulse from Benzinga Newsdesk
Hurco Cos (NASDAQ:HURC) reported a significant decline in its Q2 financial performance, with EPS dropping from $0.06 to $(0.61) and sales falling from $53.82 million to $45.17 million year-over-year.
June 07, 2024 | 12:05 pm
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Hurco Cos reported a significant decline in Q2 earnings and sales, with EPS dropping from $0.06 to $(0.61) and sales falling from $53.82 million to $45.17 million year-over-year.
The significant decline in both EPS and sales indicates a poor financial performance for Hurco Cos in Q2. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100