Titan International (TWI) Reports In-Line Q1 EPS, Revenues Miss
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Titan International, Inc. Reports First Quarter 2020 Results and Provides Business Update
May 7, 2020 5:59 AM EDTQUINCY, Ill., May 7, 2020 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported results for the first quarter ended March 31, 2020 and provided an update as to the impact on its business of the COVID-19 pandemic and the steps it is taking to address that impact.
Net sales for the first quarter of 2020 were $341.5 million, compared to net sales of $410.4 million for the first quarter of 2019, representing a $68.9 million, or 16.8 percent, decrease. On a constant currency basis, net sales for the first... More
