Hurco Companies, Inc. (Nasdaq: HURC) announced their financial results for the third fiscal quarter ending July 31, 2025. In this period, they reported a net loss of $3,693,000, or $0.58 per diluted share, contrasting with a net loss of $9,596,000, or $1.47 per diluted share, during the same quarter in fiscal year 2024. The third-quarter losses for fiscal years 2025 and 2024 encompassed non-cash tax valuation allowances of $1,639,000 and $8,158,000, respectively, recorded in the provision for income taxes. For the first nine months of fiscal year 2025, Hurco revealed a net loss of $12,076,000, or $1.87 per diluted share, as opposed to a net loss of $15,166,000, or $2.33 per diluted share, in the corresponding period of fiscal year 2024. These nine-month losses for fiscal years 2025 and 2024 included non-cash tax valuation allowances of $5,294,000 and $8,158,000, respectively, recorded in provision for income taxes.