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Articles Tagged with ''Titan Machinery''

Titan Machinery Reports 1Q22 Ag Revenues Up 18.6%

May 27, 2021

David Meyer, Titan Machinery's chairman and chief executive officer, stated, "The fiscal first quarter exceeded our expectations on all fronts with impressive operating leverage that showcases the earnings power of our efficient dealership network."

Titan Machinery Reports Revenue Up 11%, Inventories Down 30% in FY21

March 18, 2021 | Posted in Earnings Reports

Revenue increased 8.1% to $1.4 billion for fiscal 2021. Net income for fiscal 2021 was $19.4 million compared to $14 million for the prior year.

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Titan Machinery 3Q21 Ag Revenue Rises 3.1%

December 15, 2020 | Posted in Earnings Reports

In its earnings report for the third quarter of its fiscal year 2021, Titan Machinery, Case IH’s largest North American dealer, reported ag revenue of $220.6 million, up 3.1% compared to $214.1 million in the same quarter last year.

Titan Machinery Reports 3QFY21 Ag Revenue Up 3.1%

November 24, 2020 | Posted in Earnings Reports

David Meyer, Titan Machinery's Chairman and chief executive officer, stated, "We exceeded our third quarter top-line expectations due to strong parts and service performance in our Agriculture segment and better than anticipated equipment sales in our Construction and International segments."

Ag Equipment Manufacturers’ Share Price Bouncing Back

October 22, 2020 | Posted in Earnings Reports

In a July 2020 note to investors, Mircea (Mig) Dobre, discussed how the shares of farm equipment manufacturers had held up compared to other machinery companies despite difficult industry fundamentals.

Titan Machinery Posts Better Than Expected Revenues in 2QFY21

September 14, 2020 | Posted in Earnings Reports

Second quarter fiscal year 2021 results for Titan Machinery surprised analysts as it reported revenue and margin gains that surpassed expectations.

Titan Machinery 2Q Ag Revenues Up 2%, 1H Ag Sales Rise 13.5%

August 27, 2020 | Posted in Earnings Reports

Titan Machinery, Case IH’s largest dealer of farm equipment, reported consolidated revenues slipped 3.7% for the period ended July 31, 2020, but year-over-year sales from its agriculture segment increased by 2% for the quarter.

Titan Machinery Donates to EDF Relief Fund Following Derecho Wind Storm

August 18, 2020 | Posted in Dealers & Dealerships

Titan Machinery announced the donation of $25,000 to the Equipment Dealers Assn. Foundation (EDF). Established in 1988, the Equipment Dealers Foundation provides ongoing funding for workforce development initiatives and temporary assistance for dealership employees affected by national disasters.

Ag Equipment Dealerships Report Mixed Quarterly Results

June 15, 2020 | Posted in Dealers & Dealerships

While North American ag equipment dealers and manufacturers continue to look for some sustained sales momentum, the most recent quarterly earnings reports from two of the three publicly held farm equipment dealerships posted stronger than expected results.

Titan Machinery Posts Big 1QFY21 Revenue Gains; Total Revenue Up 11.5%, Ag Rises 26%

May 28, 2020 | Posted in Earnings Reports

Titan Machinery Inc. (Nasdaq: TITN) reported financial results for the fiscal first quarter ended April 30, 2020, which included first quarter revenues of $310.2 million compared to $278.3 million in the same period a year earlier.

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[Technology Corner] Precision Farming Dealer Summit Just What the Doctor Ordered After Challenging Year

We’ve been busy over here in the Technology Corner preparing for the 10th annual Precision Farming Dealer Summit, taking place Jan. 6-7 in downtown Louisville, Ky. Skip Klinefelter, CEO of Ag Technology Solutions Group in Greenville, Ill., will be one of several speakers sharing their unfiltered perspective on the state of precision ag.

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