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Hurco Companies Inc (HURC.OQ)

HURC.OQ on NASDAQ Stock Exchange Global Select Market

28.40USD
21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Hurco Q1 earnings per share $0.13
Friday, 10 Mar 2017 08:00am EST 

Hurco Companies Inc : Hurco reports first quarter results for fiscal 2017 . Q1 earnings per share $0.13 . Q1 sales fell 14 percent to $48.74 million .Hurco Companies Inc- orders for Q1 of fiscal 2017 were $61.02 million, an increase of 19 pct.  Full Article

Hurco says as of Dec 6, co and JPMorgan Chase Bank entered into a fourth amendment to credit agreement
Thursday, 8 Dec 2016 05:38pm EST 

Hurco Companies Inc : Says as of Dec 6, co and JPMorgan Chase Bank entered into a fourth amendment to credit agreement . Says fourth amendment amends credit agreement, dated Dec 7, 2012 increased unsecured revolving credit facility from $12.5 million to $15.0 million .Says fourth ammendment extended scheduled maturity date under U.S. credit agreement from Dec 7, 2016 to Dec 31, 2018.  Full Article

Hurco Companies reports Q3 EPS $0.40
Friday, 2 Sep 2016 08:00am EDT 

Hurco Companies Inc : Hurco reports fiscal 2016 third quarter results . Q3 earnings per share $0.40 . Qtrly sales and service fees were $52.4 million compared to $52.5 million in corresponding prior year period . Qtrly sales and service fees included a negative currency impact of $1.13 million .Orders for Q3 of fiscal 2016 were $47.6 million ,a 24% decrease.  Full Article

Hurco Q2 earnings per share $0.56
Friday, 3 Jun 2016 08:00am EDT 

Hurco Companies Inc : Q2 earnings per share $0.56 . Hurco reports fiscal 2016 second quarter results .Q2 sales rose 4 percent to $52.03 million.  Full Article

Hurco Companies Inc announces quarterly cash dividend
Friday, 13 Nov 2015 08:00am EST 

Hurco Companies Inc:Approved the payment of a cash dividend of $0.08 per share.Dividend will be paid on January 11, 2016 to shareholders of record date as on December 30.  Full Article

Hurco Companies Inc announces quaterly cash dividend
Thursday, 10 Sep 2015 01:45am EDT 

Hurco Companies Inc:Announces cash dividend of $0.08 per share.Says he dividend will be paid on Oct. 5, to shareholders of record as of the close of business on Sep. 21.  Full Article

Hurco Companies Inc's subsidiary purchase substantially all of assets of Milltronics
Wednesday, 15 Jul 2015 11:26am EDT 

Hurco Companies Inc:Says subsidiary Hurco USA Inc, entered into an asset purchase agreement with Milltronics Manufacturing Company Inc d/b/a Milltronics CNC Machines, Minnesota corp (Milltronics), and Liberty Diversified International Inc., a Minnesota corp (LDI).To purchase substantially all of assets of Milltronics.Says acquisition also closed on July 14.Pursuant to Milltronics purchase agreement, on July 14, HUI purchased substantially all of assets of Milltronics for total consideration, including the payment of cash and the assumption of obligations, of $13.3 mln.HUI paid the $12.5 mln cash payment portion of purchase price using cash on hand.In addition, accounts receivable of Milltronics having a book value of about $2.6 mln were assigned to HUI, for which payment is not due unless and until those receivables are collected by the end of a 90-day collection period.HUI has the right to reassign uncollected accounts receivable to Milltronics at the end of that 90-day period and HUI has no obligation to pay for any receivables that are so reassigned. In connection with transaction, HUI intends to change its corporate name to Milltronics USA, Inc.  Full Article

Hurco Companies Inc says acquisition of two machine tool companies
Wednesday, 15 Jul 2015 11:16am EDT 

Hurco Companies Inc:Says believe that these two acquisitions should be accretive to hurco's consolidated earnings in its 2016 fiscal year.Unit entered into agreement to acquire business, technology, goodwill and operating assets of takumi machinery co ltd.Through its unit, acquired all of assets of U.S.-based milltronics manufacturing company inc. d/b/a milltronics cnc machines.  Full Article

Hurco Companies Inc announces quarterly cash dividend
Friday, 5 Jun 2015 08:00am EDT 

Hurco Companies Inc:Approved payment of cash dividend of $0.08 per share.Dividend will be paid on July 6 to shareholders of record as of the close of business on June 22.  Full Article

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BRIEF-Hurco Q1 earnings per share $0.13

* Hurco Companies Inc- orders for Q1 of fiscal 2017 were $61.02 million, an increase of 19 pct Source text for Eikon: Further company coverage: