Titan Machinery Sees Revenues Increase 55% in First Quarter

For the first quarter of fiscal 2012, Titan Machinery's revenue increased 54.9% to $318.2 million from revenue of $205.5 million in the first quarter last year.

For the first quarter of fiscal 2012, revenue increased 54.9% to $318.2 million from revenue of $205.5 million in the first quarter last year. All three of the company's main revenue sources - equipment, parts and service - contributed to this period-over-period revenue growth.

Equipment sales were $249.2 million for the first quarter of fiscal 2012, compared to $150.4 million in the first quarter last year. Parts sales were $41.9 million for the first quarter of fiscal 2012, compared to $35.1 million in the first quarter last year. Revenue generated from service was $21.0 million for the first quarter of fiscal 2012, compared to $16.6 million in the first quarter last year.

For the entire story, click here.

More in Rental
5 Ways to Make the Most of Your Editorial Relationships
Speakers: Kathy Wells, Editor-in-Chief, Equipment Today and OEM Off-Highway; Marina Mayer, Content Director, IRONMARKETS
Viewvie Adobe Stock 981975121
Page 1 of 1395
Next Page