Delivers Strong Results Despite Challenging Industry Conditions, with Free Cash Flow of $53 million; Adjusted EBITDA of $49 Million; and Adjusted EPS of $0.10 Solid Balance Sheet Combined with Operational Diversity From Carlstar Acquisition Expected to Continue Yielding Positive Results WEST CHICAGO, Ill., July 31, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE:TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the second quarter ended June 30, 2024. Paul Reitz, President and Chief Executive Officer, stated, "The work we have done to optimize our operations, build a st
CHICAGO, July 10, 2024 /PRNewswire/ -- Titan International, Inc. will release its second quarter 2024 financial results after the close of the market on Wednesday, July 31, 2024 to be followed by a teleconference and webcast on Thursday, August 1, 2024 at 9:00 a.m. Eastern Time. The real-time, listen-only webcast can be accessed using the following link https://events.q4inc.com/attendee/651060873 on our website at www.titan-intl.com within the "Investor Relations" page under the "News & Events" menu (https://ir.titan-intl.com/news-and-events/events/default.aspx). Listeners should access the website at least 10 minutes prior to the live event. In order to participate in the real-time telecon
WEST CHICAGO, Ill., June 4, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE:TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced that management will participate in the upcoming Wells Fargo Industrials Conference in Chicago, IL. Paul Reitz, CEO will participate in a fireside chat and 1 on 1 investor meetings. The live presentation of the fireside chat will take place at 4:45 PM ET on June 11, 2024 and can be accessed through the following link https://cc.webcasts.com/well001/061024a_js/?entity=32_WH3SGMT A replay of this presentation will also be made available on Titan's Investor Relations
Titan International, Inc. (NYSE:TWI) ("Titan or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported that its board of directors plans to discuss with its largest shareholder, American Industrial Partners ("AIP"), a possible amendment of the parties' Stockholder Agreement to allow AIP to increase its ownership of TWI common stock in open market purchases.Private equity funds managed by AIP own approximately 16.4% of TWI's outstanding shares, which were acquired as a result of TWI's purchase of Carlstar Group, LLC, that closed in February 2024. In connection with that acquisition, AIP and TWI entered into the Stockh
U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Monday. Shares of Spirit Airlines, Inc. (NYSE:SAVE) fell sharply during Monday's session as the company reported a first-quarter fiscal 2024 revenue decline of 6.2% Y/Y to $1.265 billion, marginally missing the consensus of $1.269 billion. Adjusted EPS loss was $(1.46), down from $(0.82), missing the consensus of $(1.45). Spirit Airlines shares dipped 9.8% to $3.3450 on Monday. Here are some other big stocks recording losses in today's session. EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) shares fell 37.7% to $12.29 after the company’s Phase 2 PAVIA trial of DURAVYU did not meet its pre-specified prima
Gainers Swvl Hldgs (NASDAQ:SWVL) stock rose 26.0% to $14.43 during Thursday's pre-market session. The market value of their outstanding shares is at $97.9 million. Enovix (NASDAQ:ENVX) stock increased by 21.35% to $7.9. The company's market cap stands at $1.3 billion. As per the news, the Q1 earnings report came out yesterday. Hyzon Motors (NASDAQ:HYZN) shares moved upwards by 18.57% to $0.65. The company's market cap stands at $159.9 million. Perma-Fix Envirn Servs (NASDAQ:PESI) shares rose 12.96% to $12.43. The market value of their outstanding shares is at $169.8 million. C.H. Robinson Worldwide (NASDAQ:CHRW) stock increased by 10.15% to $79.41. The company's market cap stands at $9.
CHICAGO, July 10, 2024 /PRNewswire/ -- Titan International, Inc. will release its second quarter 2024 financial results after the close of the market on Wednesday, July 31, 2024 to be followed by a teleconference and webcast on Thursday, August 1, 2024 at 9:00 a.m. Eastern Time. The real-time, listen-only webcast can be accessed using the following link https://events.q4inc.com/attendee/651060873 on our website at www.titan-intl.com within the "Investor Relations" page under the "News & Events" menu (https://ir.titan-intl.com/news-and-events/events/default.aspx). Listeners should access the website at least 10 minutes prior to the live event. In order to participate in the real-time telecon
CHICAGO, April 10, 2024 /PRNewswire/ -- Titan International, Inc. will release its first quarter 2024 financial results after the close of the market on Wednesday, May 1, 2024 to be followed by a teleconference and webcast on Thursday, May 2, 2024 at 9:00 a.m. Eastern Time. The real-time, listen-only webcast can be accessed using the following link https://events.q4inc.com/attendee/722246104 on our website at www.titan-intl.com within the "Investor Relations" page under the "News & Events" menu (https://ir.titan-intl.com/news-and-events/events/default.aspx). Listeners should access the website at least 10 minutes prior to the live event. In order to participate in the real-time teleconferen
CHICAGO, Feb. 28, 2024 /PRNewswire/ -- Titan International, Inc. will be issuing fourth quarter 2023 financial results the morning of Thursday, February 29, 2024, at approximately 6AM Eastern Time. The teleconference and webcast will be at the previously announced date and time on Thursday, February 29, 2024, at 9:00 a.m. Eastern Time. Instructions to access the teleconference and webcast below are below, and all are as previously communicated. The real-time, listen-only webcast can be accessed using the following link https://events.q4inc.com/attendee/889510132 on our website at www.titan-intl.com within the "Investor Relations" page under the "News & Events" menu (https://ir.titan-intl.co
8-K - TITAN INTERNATIONAL INC (0000899751) (Filer)
10-Q - TITAN INTERNATIONAL INC (0000899751) (Filer)
DEFA14A - TITAN INTERNATIONAL INC (0000899751) (Filer)
Nashville, TN – based manufacturer of specialty wheels and tires will further strengthen and diversify Titan's product portfolio and distribution market channels and make Titan a "one-stop shop" within the specialty wheel and tire space Transformative addition includes global manufacturing and distribution which will complement and strengthen Titan's connections to customers around the world WEST CHICAGO, Ill., Feb. 29, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced the acquisition of Carlstar Group LLC. ("Carlstar") for approximately $29
QUINCY, Ill., March 31, 2021 /PRNewswire/ -- Titan International, Inc. ("Titan") announced today that Laura K. Thompson, 56, has been appointed to Titan's Board of Directors (the "Board"), effective April 1, 2021. Ms. Thompson was also appointed to serve on the Audit, Nomination, and Compensation Committees of the Board. Ms. Thompson is a global business executive with deep financial and business expertise established over a 35-year career with The Goodyear Tire & Rubber Company. Ms. Thompson served as Executive Vice President of Goodyear until her retirement in March 2019, and from 2013 to 2018 she served as Executive Vice President and Chief Financial Officer. She also served in various
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