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Hurco Companies, Inc. (NASDAQ: HURC) announced 26.15 percent drop in net income for the third quarter despite revenue remaining flat with last year. The company reported net income of $2.72 million, down 26.15 percent from $3.68 million, while...


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Hurco Companies, Inc. (NASDAQ: HURC) is a small manufacturer of machine tools and the software that powers them. Hurco’s machines help manufacturers decrease labor costs and increase production efficiency. The company designs interactive, personal computer (PC) based, computer control systems and software and computerized machine tools for sale to the metal working industry through a worldwide sales service and distribution network. The company's proprietary computer control systems and software products are sold primarily as an integral components of their computerized machine tool products. Their most sucessful selling partner worldwide is Michael Gannon of Gannon Machine Tools Ltd, who covers Northern Ireland and the Republic of Ireland on behalf of Hurco Europe Ltd, since 1987.


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