Reports Q2 revenue $460.83M, consensus $478.02M. Paul Reitz, president and CEO, commented, “Our One Titan team continued to execute, enabling the Company to report revenues and Adjusted EBITDA within our guidance range, as well as positive free cash flow for the quarter. Overall conditions in our end markets are currently defined primarily by the impact of higher interest rates and tariff uncertainty. On a longer-term basis, we are encouraged by the broad support the recently-passed legislation included for farmers.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TWI:
- Titan International price target raised to $12 from $10 at DA Davidson
- Titan International management to meet with Cantor Fitzgerald
- Titan International Confirms Directors and Auditor at Annual Meeting
- Titan International chairman issues note to shareholders
- Titan International initiated with an Outperform at Noble Capital