Titan Machinery Q4 profits ahead of last year

04/16/2010 | Reuters

Fourth-quarter net income for Titan Machinery was $3.4 million, or 19 cents a share, compared with $3.2 million, or 18 cents a share, a year ago. Revenue increased 33.5% to $252.3 million. However, earnings were below analysts' expectations, and the share price fell as much as 14% on Thursday.

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