Titan Machinery Inc. reported earnings results for the fourth quarter and full year ended January 31, 2024. For the fourth quarter, the company reported sales was USD 12.19 million compared to USD 11.83 million a year ago. Revenue was USD 852.13 million compared to USD 582.98 million a year ago. Net income was USD 23.96 million compared to USD 18.11 million a year ago. Diluted earnings per share from continuing operations was USD 1.05 compared to USD 0.8 a year ago.
For the full year, sales was USD 44.97 million compared to USD 40.75 million a year ago. Revenue was USD 2,758.45 million compared to USD 2,209.31 million a year ago. Net income was USD 112.44 million compared to USD 101.87 million a year ago. Diluted earnings per share from continuing operations was USD 4.93 compared to USD 4.49 a year ago.