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Hurco Companies Inc  (HURC)
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Hurco Companies Inc's

Competitiveness


 

HURC Sales vs. its Competitors Q3 2021



Comparing the results to its competitors, Hurco Companies Inc reported Total Revenue increase in the 3 quarter 2021 by 83.36 % year on year.
The revenue growth was below Hurco Companies Inc's competitors average revenue growth of 83.36 %, recorded in the same quarter.

List of HURC Competitors

With net margin of 2.91 % company reported lower profitability than its competitors.

More on HURC Margin Comparisons



Revenue Growth Comparisons




Net Income Comparison


Hurco Companies Inc achieved net profit of $2 millions compare to net loss of $-4 millions recorded in same quarter a year ago.

<<  More on HURC Income Comparisons


Hurco Companies Inc's Comment on Competitors and Industry Peers


We compete with many other machine tool producers in the United States and foreign countries. Most of our competitors are larger and have greater financial resources than our company. Major worldwide competitors include Deckel Maho Gildemeister Group (DMG), Mori Seiki Co., Ltd., Mazak, Haas Automation, Inc., Hardinge Inc., Doosan, and Okuma Machinery Works Ltd.

Through our subsidiary LCM, we compete with manufacturers of machine tool components and accessories such as IBAG, Kessler, Peron Speed, GSA Technology Co., LTD and Duplomatic Automation.

We strive to compete effectively by developing patentable software and other proprietary features that offer enhanced productivity, technological capabilities and ease of use. We offer our products in a range of prices and capabilities to target a broad potential market. We also believe that our competitiveness is aided by our reputation for reliability and quality, our strong international sales and distribution organization, and our extensive customer service organization.



*Market share calculated with total revenue.


HURC's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Hurco Companies Inc 234 207 1 769
SUBTOTAL 234 207 1 769


       
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