Titan Machinery (TITN) Misses Q2 EPS by 6c; Updates FY17 Outlook

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Titan Machinery Inc. Announces Results for Fiscal Second Quarter Ended July 31, 2016

August 25, 2016 6:45 AM EDT

- Revenue for Fiscal Second Quarter of 2017 was $278 million -

- Company Reduced Used Equipment Inventory, Year-to-Date, by $39 million or 15% -

- Company Updates Full Year Fiscal 2017 Modeling Assumptions -

WEST FARGO, N.D., Aug. 25, 2016 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal second quarter ended July 31, 2016.

Fiscal 2017 Second Quarter Results

For the second quarter of fiscal 2017,... More