Core Viewpoint - Titan International, Inc. has successfully repurchased 8.0 million shares of common stock from MHR Fund Management for $57.6 million, representing 11% of outstanding shares at a price of $7.20 per share, indicating confidence in the company's long-term prospects [1][2] Financial Position - Titan's balance sheet is reported to be healthy, with approximately $225 million in cash and a net debt to EBITDA ratio of 1.9 times based on trailing twelve months financial results [1] - The share repurchase was funded through a combination of the company's revolving credit facility and available cash, with no impact on existing share repurchase authorization [1] Market Position and Growth Potential - Titan is recognized as a leading global manufacturer of off-highway wheels and tires, with a unique range and manufacturing capacity that sets it apart in the agricultural sector [2] - The introduction of super-sized Titan LSW single wheels and tires has shown to increase crop yields by around 5% and provide fuel savings of up to 1/3 gallon per acre compared to dual standard tire setups, leading to increased demand from farmers [2] - The U.S. Army is exploring the use of Titan's LSW design for new trucks, with potential production levels of 100,000 units over ten years, presenting a significant opportunity for the company [2]

Core Insights - Titan International Inc. and Carlstar Group launched Variable Pressure Operation (VPO™) Technology, a flat-proof alternative to traditional wheels, at the Equip Exposition [1][2] - VPO Technology allows machinery to operate at various inflation pressures, including zero psi, enhancing performance and reducing downtime [3] Product Features - VPO Technology offers shock-absorbing properties that minimize whole-body vibration, improving operator comfort and reducing fatigue [3] - The flat-proof design significantly increases durability compared to traditional tires, allowing for operation without the risk of flats [3] - A closed sidewall design prevents debris accumulation, eliminating sidewall damage and balance issues [3] - Tires with VPO Technology can run for hundreds of miles at 30 mph with zero pressure, showcasing exceptional reliability [3] Application and Performance - VPO Technology is adaptable for various applications, allowing operation with or without large attachments using the same set of tires [3] - The new Invictus tread pattern, when combined with VPO Technology, provides balanced traction, self-cleaning capabilities, better wet traction, and improved heat dissipation [4] Company Overview - Titan International, Inc. is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, serving agricultural, construction, and consumer markets [5]

CHICAGO, Oct. 9, 2024 /PRNewswire/ -- Titan International, Inc. will release its third quarter 2024 financial results after the close of the market on Wednesday, October 30, 2024 to be followed by a teleconference and webcast on Thursday, October 31, 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/566818353 on our website at www.titan-intl.com within the "Investor Relations" page under the "News & Events" menu (htt ...

101cats/E+ via Getty Images I have been working on a new turnaround formula in my quant research, and one name scoring exceptionally well is Titan International, Inc. (NYSE:TWI). According to its website, Titan International, is a leading global manufacturer and supplier of wheels, tires, and undercarriage products for a wide variety of off-the-road equipment within the Agricultural, Earthmoving, Mining, Construction and Consumer sectors. We support a strong network of aftermarket dealers and blue-chip OEM ...

Titan International, Inc. (NYSE:TWI) Q2 2024 Earnings Call August 1, 2024 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Investor Relations Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Tom Kerr - Zacks Small-Cap Research Kirk Ludtke - Imperial Capital Operator Good morning, ladies and gentlemen and welcome to the Titan International, Inc. Second Qu ...

FOR IMMEDIATE RELEASE Wednesday, July 31, 2024 Titan International, Inc. Reports Second Quarter Financial Performance 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, ILLINOIS, July 31, 2024 - Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12936 TITAN INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 1525 Kautz Road, ...

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 re ...

In order to participate in the real-time teleconference, with live audio Q&A, participants should use one of the following dial in numbers: United States (Toll-Free): 1 866 813 9403 Participants Access Code: 676364 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-andevents/events/default.aspx). Listener ...

The Chart Titan Has Made A Number Of Strategic Moves That Could Be Game Changers Going Forward Earnings Estimates And The Balance Sheet While it is easy to be dismissive of a small company that is currently facing challenges, it doesn't make sense to do so when the entire industry is being impacted. Even the heavy-weights in this business are facing the pressures of high interest rates and also seeing share price declines. This includes the likes of Deere & Co (DE) which is trading well below its 52-week hi ...