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LONDON, UK / ACCESSWIRE / March 02, 2018 / Active-Investors.com has just released a free research report on Titan Machinery Inc. (NASDAQ: TITN). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=TITN as the Company's latest news hit the wire. On February 28, 2018, the Company, which is a leading organization that owns and operates a network of full-service agricultural and construction equipment dealer locations in North America and Europe, announced a strategic alliance that would bring Farmers Edge precision digital solutions to growers across Titan Machinery's footprint. Under the terms of the agreement, the two Companies would collaborate to further integrate and enhance equipment management capabilities within the Farmers Edge platform to deliver enhanced cost savings, productivity, and simplicity to farmers. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Lawson Products, Inc. (NASDAQ: LAWS), which also belongs to the Services sector as the Company Titan Machinery. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Titan Machinery most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=TITN

The Announcement

Titan Machinery stated that the food and agriculture chain was one of the most promising industries in which big data could bring about a transformational change. According to the Company, Farmers Edge was intensely dedicated to advancing the implementation of machine learning and data analytics to deliver to both growers and agricultural professionals, the information required to assist in decision-making. Farmers Edge, according to Titan Machinery, would connect industries and break barriers in agriculture by forging new relationships that would showcase the value of field-centric and integrated data management.

Farmers Edge views this acquisition as a step to advance beyond a distribution agreement to the full integration of field and equipment data. Equipment, according to the Company, was central to decision agriculture and now, owing to the combination of data and expertise with Titan Machinery, it would enable customers to have the right information to operate their machines more productively with the ability to immediately identify and correct performance and health issues.

Titan Machinery viewed the announcement as a step to integrate daily satellite imagery, reliable machine connectivity, field-centric weather, and other data feed FarmCommand - an integrated farm management platform, to deliver farmers quick insights into the factors impacting their crop and equipment, regardless of the brand. The Company further stated that Farmers Edge had trained technicians and agronomists across its territory to collaborate with its Precision Experts to install, train, optimize, and deliver ongoing field support to its customers.

Farmers Edge Decision Agriculture Portfolio

On February 18, 2018, Farmers Edge announced an agreement with PartnerRe Ltd, to enable insurers to close the insurers' gap among farmers across all continents. The exclusive four-year agreement between the two Companies would bring together precision farming technology and agriculture insurance in a deal that would fundamentally advance the $5 trillion global food and agriculture industry.

Company Growth Prospects

On November 30, 2017, Titan Machinery announced its Q3 FY18 results for the three-month period ended October 31, 2017. The Company reported net revenues of $330.3 million in Q3 FY18 compared to $332.3 million in Q3 FY17. The Company's equipment sales were $216 million in Q3 FY18 compared to $212.2 million in Q3 FY17. Titan Machinery stated that it expects that cash flow generation from operations, combined with its strong balance sheet, would position it to take advantage of strategic opportunities and drive long-term profitability in FY19.

Stock Performance Snapshot

March 01, 2018 - At Thursday's closing bell, Titan Machinery's stock declined 2.71%, ending the trading session at $19.40.

Volume traded for the day: 165.00 thousand shares.

Stock performance in the last three-month ? up 22.86%; previous six-month period ? up 23.25%; and past twelve-month period ? up 34.26%

After yesterday's close, Titan Machinery's market cap was at $421.17 million.

The stock is part of the Services sector, categorized under the Industrial Equipment Wholesale industry.

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