Titan Machinery Inc. reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported sales was USD 11.46 million compared to USD 10.27 million a year ago. Revenue was USD 642.57 million compared to USD 496.54 million a year ago. Net income was USD 31.32 million compared to USD 24.96 million a year ago. Diluted earnings per share from continuing operations was USD 1.38 compared to USD 1.1 a year ago.
For the six months, sales was USD 20.17 million compared to USD 16.83 million a year ago. Revenue was USD 1,212.2 million compared to USD 957.55 million a year ago. Net income was USD 58.29 million compared to USD 42.5 million a year ago. Diluted earnings per share from continuing operations was USD 2.56 compared to USD 1.88 a year ago.