Titan Machinery Posts Healthy Gains Across All Segments in 1QFY20

Titan Machinery posted solid top and bottom line increases during its fiscal first quarter as each of its business segments saw healthy growth in sales of equipment, parts and service. Its first quarter results were better than many analysts were forecasting.

For the period, CNH Industrial’s largest distributor of farm equipment reported revenues of $278.3 million vs. $243.7 million in the first quarter of last year. Equipment sales were $194 million compared to $167.8 million…

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