Titan Machinery is reporting 2018 third quarter fiscal year revenue of $364 million, an increase of 10 percent from one year ago. Titan Machinery Chairman and CEO David Meyer said the company saw good revenue growth across all segments of its business. “Our improved inventory position is helping drive increases in equipment margins, which combined with our lower operating expenses, is generating improvements in profitability,” says Myer. Gross profits for the third quarter are $69.5 million compared to $61.5 million one year ago. Read more on Titan Machinery’s third quarter.
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