While Titan Machinery reported fiscal year first-quarter revenue increased 4.7% to $442 million vs. the same period last year, its revenue was approximately $50 million lower than the dealer’s initial guidance. The company says there are changes underway to address ongoing challenges.

Weather-delayed spring planting this year, as well as cautionary agriculture customer sentiment and continued challenging conditions in the construction segment, contributed to the slower growth during the period ended April 30, according to…