Titan Int'l (TWI) Misses Q1 EPS by 7c, Sales Beat
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Titan International, Inc. Reports First Quarter 2017 Net Sales of $357.5 Million, Up 11 Percent YOY After Eighteen Quarters of YOY Declines
May 4, 2017 5:59 AM EDTQUINCY, Ill., May 4, 2017 /PRNewswire/ --
Net sales for the quarter increased 11 percent year-over-year Gross profit for the quarter increased 40 percent year-over-year Net loss applicable to common shareholders for the quarter was 41 percent favorable year-over-year EPS for the quarter of $(0.18) was 45 percent favorable year-over-year Cash, cash equivalents, and certificates of deposit ended the first quarter at $181.2 millionTitan International, Inc. (NYSE: TWI), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported... More
