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Hurco Companies Inc  (HURC)
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Hurco Companies Inc's

Competitiveness


 

HURC Sales vs. its Competitors Q3 2023







Revenue Growth Comparisons




Net Income Comparison




<<  HURC Stock Performance 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 is calculated based on total revenue.





Who are Hurco Companies Inc's Competitors?





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