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home / news releases / HURC - Hurco Now Definitely In The Down Cycle


HURC - Hurco Now Definitely In The Down Cycle

There's really no more "if" or "I wonder" about Hurco (HURC) and what's going on in the machine tool cycle - Hurco's April quarter marked the third straight quarter of year-over-year declines in orders, and revenue comps should soon turn negative. Although I think Hurco is faring better than average so far, it's too soon to really tell, and I think investors should expect year-over-year declines in revenue for both this year and next, though I still expect a return to growth in 2021.

Buying into a downturn is tricky. I was pretty

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Stock Information

Company Name: Hurco Companies Inc.
Stock Symbol: HURC
Market: NASDAQ
Website: hurco.com

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