Titan International (TWI) Reports Q2 EPS of $0.02, Revenues Beat
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Titan International, Inc. Reports Second Quarter 2018 Net Sales Up 18 Percent YOY and the Sixth Consecutive YOY Quarterly Increase
August 3, 2018 5:59 AM EDTQUINCY, Ill., Aug. 3, 2018 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported results for the second quarter ended June 30, 2018.
Net sales for the second quarter of 2018 were $428.9 million, representing an increase of 17.7 percent when compared to net sales of $364.4 million for the second quarter of 2017. Net income applicable to common shareholders for the second quarter of 2018 was $1.0 million, as compared to a loss of $10.3 million in the second quarter of 2017.
Net sales for the first six months of 2018... More
