Titan Machinery: Fiscal 1Q Earnings Snapshot
Posted May 28, 2020 07:01:38 AM.
Last Updated May 28, 2020 07:16:31 AM.
WEST FARGO, N.D. (AP) _ Titan Machinery Inc. (TITN) on Thursday reported fiscal first-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the West Fargo, North Dakota-based company said it had net income of 10 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 15 cents per share.
The agriculture and construction equipment seller posted revenue of $310.2 million in the period.
Titan Machinery shares have fallen 27% since the beginning of the year. The stock has decreased 30% in the last 12 months.
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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
The Associated Press
