Richard E. Lewis
The Board of Directors (the “ Board ”) of Titan Machinery Inc. (the “ Company ”) elected Richard E. Lewis as a director of the Company with a term commencing on February 1, 2024.
Highest-materiality recent filing
Titan Machinery annual meeting: all director nominees elected, say-on-pay and auditor ratified
Class I directors Tony Christianson (19.6M for, 0.9M withheld), Christine Hamilton (17.0M for, 3.4M withheld), Bryan Knutson (20.2M for, 0.3M withheld) elected.
Titan Machinery Q1 FY2027: revenue down 12% to $522.4M, net loss narrows to $12.6M
Revenue $522.4M vs $594.3M YoY; equipment revenue $364.7M vs $436.8M.
Titan Machinery Q4 loss $1.59/sh; FY2027 sees further ag revenue decline of 15-20%
Q4 revenue $641.8M (-15.5% YoY); net loss $36.2M ($1.59 loss per share) includes $17.8M deferred tax valuation allowance.
Director Stan Erickson retires; Jody Horner elected Lead Independent Director
Stan Erickson resigned and retired from Board effective March 11, 2026, consistent with waiver of age-based retirement policy granted in September 2025.
Titan Machinery Q3 revenue $644.5M, EPS $0.05; inventory reduction target raised to $150M
Q3 revenue $644.5M (down 5.2% YoY); diluted EPS $0.05 vs $0.07; net income $1.2M.
Titan Machinery Q2 Fiscal 2026: Net Loss $6.0M, Revenue Down 13.8% to $546.4M
Agriculture segment revenue fell 18.4% to $345.8M; same-store sales down 18.7%.
Titan Machinery shareholders elect three directors, approve advisory pay vote, ratify auditor
Elected Frank Anglin, Richard Lewis, and David Meyer as Class III directors for three-year terms with over 86% of votes cast.
Titan Machinery Q1 net loss $13.2M; raises Europe guidance, lowers Australia
Q1 revenue $594.3M (down 5.5% YoY); net loss $0.58/sh vs $0.41 EPS prior year.
Titan Machinery posts Q4 loss of $1.93/shr; FY2026 adjusted loss guidance $(1.25)-$(2.00)
Q4 FY2025 revenue $759.9M (down 10.8% YoY); net loss $43.8M vs prior year net income $24.0M.
Titan Machinery Q4 FY2025 net loss $43.8M; guides FY2026 adj EPS loss ($1.25)-($2.00)
Net loss of $43.8M ($1.93 loss per diluted share) vs net income of $24.0M ($1.05 EPS) a year ago.
Titan Machinery Q3 EPS $0.07 vs $1.32 last year; cuts fiscal 2025 guidance
Net income $1.7M ($0.07 diluted EPS) vs $30.2M ($1.32) last year; revenue $679.8M down 2% YoY.
Titan Machinery Q2 FY2025 net loss $4.3M, EPS -$0.19; reiterates weak FY guidance
Revenue $633.7M, down 1.4% YoY; gross margin fell to 17.7% from 20.8% on lower equipment margins.
Titan Machinery prelim Q2 rev $634M, adj EPS $0.17; FY25 adj EPS guided to $0.00-$0.50
Prelim Q2 revenue ~$634M; GAAP pre-tax loss $4.3M, adj pre-tax income $6.9M.
Titan Machinery shareholders approve equity plan adding 950k shares; re-elect directors
Stockholders approved Second Amended and Restated 2014 Equity Incentive Plan; share reserve increased by 950,000 shares.
Titan Machinery ups credit facility to $500M, adds Australian borrower, extends maturity to 2029
New $500M secured facility: $395M floorplan + $105M revolver, replacing prior $350M facility.
Titan Machinery Q1 EPS drops to $0.41; cuts FY2025 guidance on softening demand
Revenue $628.7M (+10.4% YoY) but net income $9.4M ($0.41 diluted EPS) vs $27.0M ($1.19) prior year.
Titan Machinery reports record FY2024 revenue $2.8B, EPS $4.93; guides FY2025 EPS $3.00-$3.50
FY2024 revenue +24.9% to record $2.8B; diluted EPS $4.93 vs $4.49 prior year.
Titan Machinery elects Richard E. Lewis to board, effective Feb 1, 2024
Richard E. Lewis elected to Titan Machinery board, term begins Feb 1, 2024.
Titan Machinery Q3 FY2024 EPS $1.32; revenue $694.1M record; updates FY guidance
Revenue $694.1M (+3.8% YoY); net income $30.2M vs $41.3M; diluted EPS $1.32 vs $1.82.
The Board of Directors (the “ Board ”) of Titan Machinery Inc. (the “ Company ”) elected Richard E. Lewis as a director of the Company with a term commencing on February 1, 2024.
Max materiality 0.90 · Median 0.75 · Most common event earnings