Titan Machinery 3Q profit Grows 34%

West Fargo, ND - Titan Machinery Inc., a network of agriculture and construction equipment stores, announced its fiscal third-quarter profit jumped 34 percent as demand for both agriculture and construction equipment improved.

It said its net income in the period ended Oct. 31 grew to $7.7 million, or 42 cents per share, from $5.7 million, or 32 cents per share the year before. Revenue rose 37 percent, to $311.3 million from $227 million.

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