Titan Machinery Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 12.61 million compared to USD 12.1 million a year ago. Revenue was USD 694.12 million compared to USD 668.77 million a year ago. Net income was USD 30.19 million compared to USD 41.26 million a year ago. Diluted earnings per share from continuing operations was USD 1.32 compared to USD 1.82 a year ago.
For the nine months, sales was USD 32.79 million compared to USD 28.92 million a year ago. Revenue was USD 1,906.31 million compared to USD 1,626.32 million a year ago. Net income was USD 88.48 million compared to USD 83.76 million a year ago. Diluted earnings per share from continuing operations was USD 3.88 compared to USD 3.7 a year ago.