There's an old NFL Films clip of Vince Lombardi fuming along the sidelines and yelling out "What the <bleep>'s goin' on out here?" That encapsulates my feelings about the machine tool market and Hurco's (HURC) place within it. Hurco's limited focus on short-run, high-spec systems reduces the comparability to larger firms like Gildemeister, Mori Seiki (OTCPK:MRSKY), Okuma (OTC:OKUMF), and Makino Milling (OTC:MKMLF), but it's still frustrating to see the company fail to make progress with its revenue, margins, and order flow.
A Step Back With The Third Quarter
To the best of my knowledge, there is only one analyst covering Hurco at this time and I thought...
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