Titan Machy Inc Stock Price, News & Analysis

Titan Machinery (TITN) reported financial results for Q4 and full year FY2025. The company achieved a significant $304 million inventory reduction in Q4, totaling $419 million reduction since Q2 peak. However, this led to decreased equipment margins and financial performance.

Q4 revenue was $759.9 million, down from $852.1 million year-over-year. The company reported a Q4 net loss of $43.8 million ($1.93 loss per share), compared to net income of $24.0 million ($1.05 EPS) in the previous year. Full-year FY2025 revenue was $2.7 billion with a net loss of $36.9 million.

Notable highlights include:

• Service revenue grew 14.5% for full year FY2025
• Gross profit margin declined to 6.7% from 16.6% year-over-year
• Inventory reduced to $1.1 billion as of January 31, 2025
• Management expects North American large agriculture equipment demand to decrease approximately 30% year-over-year in FY2026

Titan Machinery (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, has scheduled its fiscal fourth quarter and full year 2025 financial results announcement for Thursday, March 20, 2025.

The company will host an investor conference call at 7:30 a.m. Central time (8:30 a.m. Eastern time). U.S. investors can participate by dialing (877) 704-4453, while international callers can dial (201) 389-0920. A replay will be available until April 3, 2025, accessible at (844) 512-4921 (U.S.) or (412) 317-6671 (international) using confirmation code 13751822.

A simultaneous webcast will be available on the Investor Relations section of Titan Machinery's website, with a 30-day archive period.

Titan Machinery (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, has announced its participation in the 2025 ICR Conference in Orlando, FL, scheduled for January 13-15, 2025.

The company's management will engage in a fireside chat on Tuesday, January 14, 2025, at 8:30 am Eastern Time. Investors and interested parties can access a live audio webcast of the presentation through the Investor Relations section of Titan Machinery's website at www.titanmachinery.com. The webcast recording will remain available for 30 days following the event.

Titan Machinery (NASDAQ: TITN) reported financial results for Q3 FY2025. Revenue decreased to $679.8 million from $694.1 million year-over-year. Net income declined to $1.7 million ($0.07 per diluted share) from $30.2 million ($1.32 per diluted share). The company successfully reduced inventory by $115 million compared to Q2. Gross profit margin decreased to 16.3% from 19.9% due to softer retail demand and aggressive inventory management. The Agriculture segment saw a 10.8% same-store sales decrease, while Construction segment achieved a 10.0% increase. The company updated its FY2025 guidance, lowering expectations for international segments.

Titan Machinery (Nasdaq: TITN), a network of agricultural and construction equipment stores, announced it will release its fiscal third quarter 2024 financial results on Tuesday, November 26, 2024. The company will host an investor conference call at 7:30 a.m. Central time. U.S. investors can participate by dialing (877) 704-4453, while international callers can dial (201) 389-0920. A replay will be available until December 10, 2024. A live webcast will be accessible on the company's website and archived for 30 days.

Titan Machinery Inc. (Nasdaq: TITN) reported financial results for Q2 FY2025 ended July 31, 2024. Key points:

• Revenue: $633.7 million, down from $642.6 million in Q2 last year
• Net loss: $4.3 million, or $0.19 per diluted share
• Adjusted net income: $4.0 million, or $0.17 per diluted share (excluding one-time expense)
• EBITDA: $9.1 million, down from $50.4 million last year
• Adjusted EBITDA: $20.2 million

The company faced challenging market conditions impacting farmer sentiment and agriculture equipment sales. In response, Titan is managing inventory levels, implementing cost control measures, and focusing on higher-margin parts and service businesses. The company reiterated its recently updated fiscal 2025 modeling assumptions.

Titan Machinery Inc. (Nasdaq: TITN) announced preliminary results for Q2 FY2025 ended July 31, 2024. The company expects revenue of approximately $634 million, with adjusted pre-tax income of about $6.9 million and adjusted EPS of $0.17. These figures exclude a non-cash sale-leaseback financing expense of $11.2 million. TITN updated its FY2025 guidance, projecting lower revenue across all segments due to softer retail demand, lower commodity prices, and high interest rates. The company now expects adjusted diluted EPS of $0.00 to $0.50, down from the previous $2.25 to $2.75. TITN is focusing on reducing inventory levels, implementing cost controls, and growing its parts and service businesses to navigate the current challenging environment.

Titan Machinery (Nasdaq: TITN) reported its fiscal Q1 2025 results, showing a revenue increase to $628.7M from $569.6M YoY. Equipment revenue rose to $468.1M, parts to $108.2M, and services to $45.1M. However, the gross profit margin decreased to 19.4% from 20.8%, and net income dropped to $9.4M from $27.0M. Operating expenses increased to $99.2M due to past acquisitions.

Segment-wise, agriculture revenue grew by 5.8%, construction remained flat, Europe saw a 13.4% decline, and Australia reported $44.4M in revenue. The company updated its fiscal 2025 assumptions, lowering expected revenue and diluted EPS ranges. Cash at quarter-end was $35.7M, with inventory rising to $1.4B. Net cash used for operating activities decreased to $32.4M.

Titan Machinery Inc. (Nasdaq: TITN) will release its financial results for the first quarter ended April 30, 2024, on May 23, 2024. The company, known for its full-service agricultural and construction equipment stores, will also host an investor conference call. Investors can participate via phone or webcast. A telephone replay and webcast archive will be available for a time.