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Titan Machinery Stock Rises 12% Despite Reporting Q4 Loss

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Titan Machinery Inc. (TITN) is trading at $16.55, up 12.36 percent or $1.82 during Thursday's trading, following the release of its fourth-quarter fiscal 2025 results, which revealed a net loss of $43.8 million, or $1.93 per share, compared to net income of $24.0 million, or $1.05 per share, in the previous year.

The stock opened at $12.50 and has traded between $12.50 and $16.85 so far, compared to a previous close of $14.73 on the Nasdaq. Trading volume stands at 496,294 shares, significantly above the average of 275,150. The stock's 52-week range is $12.30 to $26.15.

The company also reported revenue of $759.9 million, down from $852.1 million in the same period last year.

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