Hurco posts 4Q profit

INDIANAPOLIS (AP) _ Hurco Cos. (HURC) on Friday reported fiscal fourth-quarter net income of $6.7 million. The Indianapolis-based company said it had net income of $1 per share. The manufacturer of computerized machine tools for the metal cutting industry posted revenue of $75.9 million in the...

INDIANAPOLIS (AP) _ Hurco Cos. (HURC) on Friday reported fiscal fourth-quarter net income of $6.7 million.

The Indianapolis-based company said it had net income of $1 per share.

The manufacturer of computerized machine tools for the metal cutting industry posted revenue of $75.9 million in the period.

For the year, the company reported profit of $15.1 million, or $2.25 per share. Revenue was reported as $243.7 million.

Hurco shares have remained the same since the beginning of the year. The stock has increased 23 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HURC at https://www.zacks.com/ap/HURC

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