24/7 Wall St.
04-29-2008, 12:40 PM
24/7 Wall St. Daily News
Titan Machinery (NASDAQ: TITN) had been one of the best performing IPO's since the end of 2007. The owner and operator of full service agricultural and construction equipment stores in North America. As you can imagine, the ties to agriculture have made this one a winner. Monday, the company reported fourth quarter and fiscal results. Revenue increased by 61% from $84.0 million a year ago to $135 million this quarter. They posted a net income of $270,000, or $0.02 EPS, meeting guidance. The company recently signed an agreement to acquire Quad Country Implement, a single store in Iowa. Titan raised...http://feeds.feedburner.com/~f/typepad/RyNm?i=z88kKG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=z88kKG) http://feeds.feedburner.com/~f/typepad/RyNm?i=DMaOxG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=DMaOxG) http://feeds.feedburner.com/~f/typepad/RyNm?i=FWIlDg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=FWIlDg)
complete story here... (http://www.247wallst.com/2008/04/secondary-takes.html)
Titan Machinery (NASDAQ: TITN) had been one of the best performing IPO's since the end of 2007. The owner and operator of full service agricultural and construction equipment stores in North America. As you can imagine, the ties to agriculture have made this one a winner. Monday, the company reported fourth quarter and fiscal results. Revenue increased by 61% from $84.0 million a year ago to $135 million this quarter. They posted a net income of $270,000, or $0.02 EPS, meeting guidance. The company recently signed an agreement to acquire Quad Country Implement, a single store in Iowa. Titan raised...http://feeds.feedburner.com/~f/typepad/RyNm?i=z88kKG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=z88kKG) http://feeds.feedburner.com/~f/typepad/RyNm?i=DMaOxG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=DMaOxG) http://feeds.feedburner.com/~f/typepad/RyNm?i=FWIlDg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=FWIlDg)
complete story here... (http://www.247wallst.com/2008/04/secondary-takes.html)