Titan Machinery reported record third quarter earnings for fiscal year 2024 on Nov. 30. The Case IH dealership group achieved revenues of $694 million for the period ending Oct. 31, 2023, up 3.8% vs. the same period last year.
Breaking down the quarterly results, equipment revenue came in at $521.8 million, up 2.5% year-over-year. Parts revenue saw a 5.7% increase to $115 million, while service revenue was up 14.9% to $44.8 million. Rental and other…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
