Titan Int'l (TWI) Tops Q2 EPS by 7c
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Titan International Announces Second Quarter 2015 Results
July 29, 2015 5:00 PM EDTQUINCY, Ill., July 29, 2015 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) announces second quarter revenue and performance results.
Second quarter highlights:
Sales for the second quarter of 2015 were $376.1 million, down 28.2 percent, compared to $523.7 million in the second quarter of 2014. Gross profit for the second quarter of 2015 was $51.1 million, or 13.6 percent of net sales, compared to $20.8 million, or 4.0 percent of net sales for the second quarter of 2014. Income from operations for the second quarter of 2015 was $7.5 million, or 2.0 percent of net sales,... More