Agricultural and construction equipment dealer Titan Machinery (Nasdaq:TITN) reported an adjusted loss of $0.40 per share for the second quarter, higher than analysts' estimated loss of $0.35, but revenue reached $496.4 million, exceeding expectations of $486.51 million. The company simultaneously raised its revenue outlook for the construction business, anticipating growth of 5% to 10%, but lowered its revenue outlook for the European business to a decline of 30% to 40%.