Titan Machinery: Fiscal 2Q Earnings Snapshot
WEST FARGO, N.D. (AP) _ Titan Machinery Inc. (TITN) on Thursday reported fiscal second-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier.
The West Fargo, North Dakota-based company said it had net income of 23 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to 28 cents per share.
The agriculture and construction equipment seller posted revenue of $299.9 million in the period.
Titan Machinery shares have fallen 25 percent since the beginning of the year. The stock has climbed slightly in the last 12 months.