Titan Machinery Inc. Q1 FY2024 Earnings Call

Titan Machinery Inc. (TITN)

Earnings Call FY2024 Q1 Call date: 2023-05-25 Concluded

Quarter scorecard

Revenue

$569.63M

+23.6% YoY

Diluted EPS

$1.19

+52.6% YoY

Gross margin

20.8%

+1.6 pp YoY

Net income

$26.96M

+53.7% YoY

Agriculture Segment $423.19M

+32.9%

Europe Segment $74.44M

Construction Segment $72.00M

+7.5%

Australia Segment $0