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 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.
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 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 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 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