Sep. 10 at 5:03 PM
$HURC: Is a turnaround finally on the horizon? 📈
Despite a Q3 net loss, Hurco's revenue rose 7.4% YoY, driven by strong sales in the Americas and Asia Pacific, and gross margin improved to 20%. Orders fell 22.4% YoY, showing caution remains, with weakness in Europe, but a healthy cash position could fuel future growth.
Discover more insights here 👉 https://www.zacks.com/stock/news/2749653/hurco-stock-gains-following-q3-earnings-showing-narrower-losses?cid=sm-stocktwits-2-2749653-body-11825&ADID=SYND_STOCKTWITS_TWEET_2_2749653_BODY_11825