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Titan Machinery Q3 Net Up 9.9 Percent

from MarketWatch

Titan Machinery's fiscal third-quarter profit rose 9.9 percent as the agricultural and construction-equipment retailer's agriculture segment sales boosted results, though margins contracted. The company raised its revenue expectations for the year, now forecasting $2 billion to $2.15 billion, from $1.95 billion to $2.1 billion. Titan also backed its earnings guidance at $2.10 to $2.30 a share. more

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