Articles tagged under: Titan Machinery

Kalvoda Will Leave Titan Machinery in 2023

Published April 27, 2022

Titan Machinery Chief Financial Officer Mark Kalvoda is leaving his position effective January 15, 2023 to pursue other interests. Kalvoda will remain in his role as CFO to ensure a smooth transition to his successor. A press release says Titan…
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Titan Machinery Searching for Next CFO

Published April 26, 2022

Titan Machinery Chief Financial Officer Mark Kalvoda has announced his resignation, effective January 15, 2023. Kalvoda has been with West Fargo-based Titan Machinery for 15 years. A search process will begin to find Kalvoda’s successor.
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Titan Machinery Reports Fourth Quarter Income

Published March 28, 2022

Titan Machinery is reporting fiscal year 2022 fourth quarter net income of $22.4 million. That compares to 2021 fourth quarter income of $1.94 million. Chief Financial Officer Mark Kalvoda said all business segments performed well. "Our equipment business increased 16.7…
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Titan Stores in Ukraine Open on a Limited Basis

Published March 28, 2022

During Titan Machinery’s quarterly conference call, Chief Operating Officer Bryan Knutson updated investors on the company's business in Ukraine. "While there's total business disruptions in Ukraine, this market is less than five percent of our company's total assets and less…
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Equipment Sales Remain Strong for Titan Machinery

Published November 23, 2021

Titan Machinery is reporting third quarter net income of $21.8 million, that's based on revenues of $454 million for the quarter that ended October 31. Year-over-year third quarter equipment sales were up 37 percent to $329.8 million. Titan Machinery Chairman…
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2Q Revenues Rise for Titan Machinery

Published August 27, 2021

West Fargo-based Titan Machinery is reporting second quarter revenues of nearly $378 million. That’s up from $303 million one year ago. Revenues in the agriculture segment were over $219 million, up from $169 million in the second quarter of last…
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Titan Machinery Reports FY21 Revenue Boost

Published March 19, 2021

Titan Machinery's fiscal year 2021 revenue increased eight percent to $1.4 billion. Net income was reported at $19.4 million for the fiscal year ending January 31. Titan Machinery Chief Financial Officer Mark Kalvoda credits strong machinery sales during the fourth…
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