Titan Int'l (TWI) Tops Q1 EPS by 5c, Sales Light

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Titan International Announces First Quarter 2015 Results

April 30, 2015 8:00 AM EDT

QUINCY, Ill., April 30, 2015 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) announces first quarter revenue and performance results.

First quarter highlights:

Sales for the first quarter of 2015 were $402.1 million down 25.4 percent, compared to $538.9 million in the first quarter of 2014. Gross profit for the first quarter of 2015 was $42.8 million, or 10.6 percent of net sales, compared to $54.6 million, or 10.1 percent of net sales for the first quarter of 2014. Income from operations for the first quarter of 2015, was $0.8 million, or 0.2 percent of net sales,... More