Hurco posts 1Q profit

INDIANAPOLIS (AP) _ Hurco Cos. (HURC) on Friday reported fiscal first-quarter earnings of $2.9 million.

The Indianapolis-based company said it had profit of 43 cents per share. Earnings, adjusted for non-recurring costs, were 86 cents per share.

The manufacturer of computerized machine tools for the metal cutting industry posted revenue of $68.4 million in the period.

Hurco shares have declined 1 percent since the beginning of the year. The stock has climbed 56 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HURC at https://www.zacks.com/ap/HURC