DealerNews: Revenue Dips at Titan

Titan Machinery Inc. has reported financial results for the first quarter ended April 30.

Revenue for the period was $284.9 million, compared to $353.2 million in the same period last year.

Equipment sales were $184.9 million compared to $245 million. Parts sales decreased to $57.5 million this year compared to $61.5 million in the first quarter last year.

The company reported revenue generated from service was $31 million, compared to $32.9 million last year. S