Titan Machinery Inc. reported earnings results for the third quarter and nine months ended October 31, 2024. For the third quarter, the company reported sales was USD 12.47 million compared to USD 12.61 million a year ago. Revenue was USD 679.82 million compared to USD 694.12 million a year ago. Net income was USD 1.71 million compared to USD 30.19 million a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 1.32 a year ago. For the nine months, sales was USD 31.15 million compared to USD 32.79 million a year ago. Revenue was USD 1,942.2 million compared to USD 1,906.31 million a year ago. Net income was USD 6.85 million compared to USD 88.48 million a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to USD 3.88 a year ago.
Titan Machinery is a North Dakota-based automobile dealership agency that enables individuals to buy and sell new and used construction and agricultural equipment.