Hurco Companies, Inc. (Nasdaq: HURC) announced their financial results for the third fiscal quarter ending July 31, 2025. In this period, they incurred 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, in the same quarter of 2024. Notably, non-cash tax valuation allowances of $1,639,000 and $8,158,000 were factored into the net losses for the respective third quarters of 2025 and 2024. For the first nine months of fiscal year 2025, Hurco reported a net loss of $12,076,000, or $1.87 per diluted share, compared to $15,166,000, or $2.33 per diluted share, in the same period of 2024. The net losses for the nine months of fiscal years 2025 and 2024 encompassed non-cash tax valuation allowances of $5,294,000 and $8,158,000, respectively, recorded in provision for income taxes.