Â鶹app

Titan Machinery Inc., reported financial results for the fiscal third quarter ended October 31, 2024.

For Q3 of fiscal 2025, revenue was $679.8 million, down from $694.1 million in the same period last year. Â鶹app revenue decreased to $495.1 million from $521.8 million, while parts revenue rose to $121.1 million from $115.0 million.

Gross profit for the quarter was $110.5 million, down from $138.3 million, with a gross margin of 16.3%, compared to 19.9% last year.
Net income for Q3 was $1.7 million, or $0.07 per diluted share, down from $30.2 million, or $1.32 per diluted share, last year.

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