Articles tagged under: Titan Machinery

Higher Q3 Net Income for Titan Machinery

Published November 25, 2020

Titan Machinery reported third quarter net income of $13 million, up from $10.7 million one year ago. Chief Financial Officer Mark Kalvoda says farm equipment sales were down slightly during the quarter, while parts were higher resulting a better outlook…

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Titan Machinery Reports 2Q Financials

Published August 28, 2020

Titan Machinery reports second quarter revenues of $303.5 million. That’s down from $315 million one year ago. Net income was $6.4 million, up from $5.5 million for the second quarter of last year. The West Fargo-based firm said revenue for…

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Titan Machinery Reports 1Q Income

Published May 28, 2020

West Fargo-based Titan Machinery reports first quarter revenues of $310 million. That compares to $278 million in the same quarter last year. Equipment and parts sales were up over last year. Revenues in the agriculture segment were up nearly 26…

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Titan Machinery Reports Quarterly Profits

Published March 27, 2020

Titan Machinery is reporting a fourth quarter net income of $700,000. This compares to a $2.2 million net loss last year. The company says full fiscal year 2020 net income increased 3.65 percent to $14 million. "This last fiscal year…

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Steady Q3 Income for Titan Machinery

Published November 27, 2019

Fargo-based Titan Machinery is reporting fiscal year 2020 third quarter gross income of $360.9 million, unchanged from one year ago. The gross profit for the third quarter is reported $71.8 million, an increase from $69.5 million one year earlier. Titan…

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Titan Machinery Acquires Uglem-Ness

Published September 13, 2019

Titan Machinery is taking over the Uglem-Ness implement dealership in Northwood, North Dakota. The deal is expected to be finalized on October 1. With the purchase, Uglem-Ness owner, Bruce Uglem is retiring.

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Titan Machinery Reports Higher Q2 Revenue

Published August 29, 2019

Titan Machinery is reporting second quarter fiscal revenue of $315 million, compared to $297 million in the second quarter last year. Equipment sales for the second quarter are reported at $214 million. Gross profit for the quarter is reported at…

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Titan Machinery Posts Higher Q1 Profits

Published May 31, 2019

Titan Machinery reports first quarter profits of $54 million on gross income of $278 million. That compares to a profit of $47.6 million one year ago.Titan Chief Financial Officer Mark Kalvoda says the revenue increase was across all business segments."Equipment…

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Higher Equipment and Part Sales Boost Titan Machinery Q4 Revenue

Published March 29, 2019

Titan Machinery's fourth quarter revenue is up 6.6 percent over last year to $359.6 million. Gross profits for the quarter are up $3.5 million from last year to $55.6 million. Titan Machinery Chief Financial Mark Kalvoda says equipment revenue drove…

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Crews Goes from Titan Machinery to Case IH Presidency

Published February 20, 2019

Effective March 4, Brad Crews will return as the brand president for Case IH. Crews left CNH Industrial in 2017 and joined the Titan Machinery board in October of this past year. Crews had been the chief operating officer for…

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