Welcome to our dedicated page for Titan Machy news (Ticker: TITN), a resource for investors and traders seeking the latest updates and insights on Titan Machy stock.
Titan Machy Inc (TITN) provides essential equipment solutions across agriculture and construction sectors through its nationwide dealership network. This dedicated news hub offers investors and industry professionals verified updates about corporate developments, strategic initiatives, and market positioning.
Access official press releases alongside curated analysis of earnings announcements, equipment launches, and partnership agreements. Our repository simplifies tracking operational milestones like dealership expansions, service innovations, and inventory updates while maintaining strict compliance with financial disclosure standards.
Key content includes timely coverage of agricultural machinery trends, construction equipment demand shifts, and maintenance service developments. Regular updates ensure stakeholders stay informed about TITN's role in evolving equipment markets without speculative commentary.
Bookmark this page for streamlined access to Titan Machy Inc's latest verified announcements. Combine frequent checks with our sector-specific analysis tools for comprehensive market understanding.
Titan Machinery reported a remarkable 29.1% increase in revenue for fiscal 2023, totaling $2.2 billion. The company achieved a record GAAP EPS of $4.49 and an adjusted EPS of $4.52, reflecting increases of 53.8% and 51.7%, respectively. The fourth quarter revenue reached $583.0 million, up from $507.6 million year-over-year. The Agriculture segment led with revenue of $440.9 million, supported by acquisitions and strong demand. Despite these successes, adjusted EBITDA fell 10.6% to $32.1 million in Q4, affected by delayed shipments. Looking ahead, fiscal 2024 modeling predicts revenue increases across segments and EPS between $4.50 - $5.10.
Titan Machinery Inc. (Nasdaq: TITN) will announce its financial results for the fourth quarter and full year ended January 31, 2023, on March 16, 2023. An investor conference call is scheduled for 7:30 a.m. Central time (8:30 a.m. Eastern time) the same day, with call-in options for U.S. and international participants. A live webcast will also be available on the company's Investor Relations website, and the event will be archived for 30 days.
Titan Machinery operates a network of full-service agricultural and construction equipment dealerships across North America and Europe, representing major CNH Industrial brands.
Titan Machinery Inc. (Nasdaq: TITN) will participate in a fireside chat at the 2023 ICR Conference from January 9-11, 2023, in Orlando, FL. The chat is scheduled for January 10, 2023, at 9:00 am Eastern time. A live webcast will be available on their Investor Relations website and archived for 30 days. Titan Machinery, founded in 1980, operates a network of agricultural and construction equipment stores across North America and Europe, servicing various agricultural sectors.
FAQ
What is the current stock price of Titan Machy (TITN)?
What is the market cap of Titan Machy (TITN)?
