UPDATE: Titan Machinery Posts 9.9% Rise In Q3 Profit, Lifts Revenue Forecast

Titan Machinery (NASDAQ: TITN ) reported a 9.9% rise in its fiscal third-quarter profit and lifted its revenue forecast for the year. Titan Machinery now expects full-year revenue of $2 billion to $2.15 billion, versus its earlier forecast of $1.95 billion to $2.1 billion. Titan Machinery's quarterly profit surged to $14.1