Despite posting hefty revenue gains through the second quarter and first half of its 2014 fiscal year, Titan Machinery cut its full-year outlook to $2.25-$2.45 billion from its earlier forecast of $2.35-$2.55 billion.
For the second quarter ended July 31, the dealer group posted revenue gains of 19% to $488.2 million vs. $410.1 million for the second quarter last year. Equipment sales were $358.4 million compared to $306.2 million in the second quarter last year…
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