Titan Machinery: Fiscal 2Q Earnings Snapshot

August 30, 2018

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.


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

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