Investors continue to fret about the health of the manufacturing sector in the U.S. and Germany, but Hurco (NASDAQ:HURC)
continues to follow its own successful path. This small manufacturer of
precision machine tools has delivered another solid quarter, lifting
its full-year revenue growth back into the mid-teens and starting off
the next fiscal year with a good order book and margin strength.
Looking
ahead, there are still solid reasons to be bullish. The company's
efforts in additive manufacturing / 3D printing aren't likely to make a
significant difference in the near term, but the introduction of new
control technology very well might. Hurco is small enough that it can
move independently of the larger machine tool industry, but if
manufacturing activity in Germany and U.S. can expand in 2015 Hurco
ought to do well.
Read more here:
Orders, Revenue, And Margins Continue To Expand At Hurco
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