Titan Machinery Inc reported in III. Quarter net earnings per share of $1.82 an increase by 87.63 % year on year from $0.97 and an improvement of 65.45 % from $1.10 realized in II. Quarter (Jul 31 2022).
III. Quarter
Earnings Per Share
Revenues
$ 1.82
$
669 Mill
$+0.85+87.63 %
$+215M+47.31 %
Titan Machinery Inc 's Revenue
rose by
47.31 % in III. Quarter (Oct 31 2022) year on year,
to $669 million and
advanced by
34.69 % sequentially.
Titan Machinery Inc is Expected to report next financial results on March 30, 2023.
Titan Machinery Inc 's
net income of $41.257 million in III. Quarter increased by 89.11 % from net earnings of $21.816 million achieved in III. Quarter a year ago.
Sequentially
net earnings grew by 65.3 % from net income of $24.959 million realized in previous quarter.
Inventories grew by 52.75 % to $630 million from III. Quarter a year ago, sequentially inventories rose by 13.3 %.
In III. Quarter company's net cash and cash equivalents decreased by $-96 million, capital expenditures grew by -19.67%, to $-3 millions compare to same quarter a year ago and rose by -48.11% from II. Quarter (Jul 31 2022).
