Titan Machinery’s (TITN) Margins Improve While Losses Keep Growing
Titan Machinery (TITN) reported a fiscal Q2 revenue decline to $496.4M and a wider net loss of $9.2M. Despite this, gross margin improved to 18.6%. Management maintained full-year profitability targets but cut Europe's revenue outlook. Agriculture and Construction segments showed mixed results, with Construction revenue rising and Agriculture's pretax loss narrowing. Europe's revenue dropped significantly, and cash flow turned negative. Hedge fund ownership and short interest reflect cautious in






