Hurco Reports Q4 Revenue of $45.467M, Down from $53.702M Last Year

Reports Q4 revenue $45.467M vs $53.702M last year. Greg Volovic, Chief Executive Officer, stated, "Our largest markets, the U.S. and Germany, ended the fiscal year with their strongest quarter of orders and sales for the year, reflecting a change in trend that developed during the second half of the year, with orders and sales improving by approximately 5% from the first half to the second half of the year. While this fiscal year was challenging given the headwinds from tariffs and the macro-economic conditions, we were committed to continuous improvement in our business strategy and implemented targeted leadership transitions in both the U.S. and Germany. Our new leaders bring deep industry experience with a strong focus on execution, customer engagement, and growth. Our results during this period highlight our focus on disciplined execution: we increased cash by approximately $15 million year over year and reduced selling, general, and administrative expenses by nearly $3 million year over year, all while we continued to invest in innovative technologies. As we look ahead to fiscal 2026, we believe Hurco is positioned to navigate the cycle with a strong balance sheet, an even stronger management team, and a product portfolio that supports long-term growth."