Hurco Q2 Top and Bottom Lines Rise
Hurco Companies results for the company's Q2 have been released. For the quarter, sales and service fees totaled $49.6 million, up from the $46.0 million of the same period the previous year. Net income also rose, advancing to $3.2 million ($0.48 per diluted share) to eclipse Q2 2012's figure of just under $3.0 million ($0.45).
For the first six months of fiscal 2013, however, the situation was the opposite. Hurco Companies recorded sales and service fees of $93.7 million, which was lower than the $97.1 million the firm posted in the comparable year-ago period. Similarly, net income fell, dropping to $5.4 million ($0.83 per diluted share) from $7.6 million ($1.16).
The article Hurco Q2 Top and Bottom Lines Rise originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Hurco Companies. The Motley Fool recommends Hurco Companies. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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