Titan Machinery Inc. Q1 FY2025 Earnings Call

Titan Machinery Inc. (TITN)

Earnings Call FY2025 Q1 Call date: 2024-05-23 Concluded

Quarter scorecard

Revenue

$628.70M

+10.4% YoY

Diluted EPS

$0.41

-65.5% YoY

Gross margin

19.4%

-1.4 pp YoY

Net income

$9.44M

-65% YoY

Agriculture Segment $447.69M

+5.8%

Construction Segment $71.49M

-0.7%

Europe Segment $65.11M

-12.5%

Australia Segment $44.42M