Twin Disc(TWIN)

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Twin Disc(TWIN) - 2024 Q4 - Annual Report
2024-09-06 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 1-7635 TWIN DISC, INCORPORATED (Exact Name of Registrant as Specified in its Charter) Wisconsin 39-0667110 (State or Other Ju ...
Twin Disc's (TWIN) Q4 EPS Falls Y/Y Amid Rising Expenses
ZACKS· 2024-08-16 15:51
Twin Disc, Incorporated (TWIN) reported earnings per share (EPS) of 53 cents in the fourth quarter of fiscal 2024 compared with 62 cents in the prior-year period. The company's quarterly revenues rose slightly by 0.6% to $84.4 million, up from $83.9 million in the fourth quarter of 2023. Overall, Twin Disc witnessed key strengths in specific segments during the fourth quarter of fiscal 2024 and strategic initiatives like the Katsa acquisition. However, the rise in operational expenses and challenges in the ...
Twin Disc(TWIN) - 2024 Q4 - Earnings Call Transcript
2024-08-15 20:00
Twin Disc, Incorporated (NASDAQ:TWIN) Q4 2024 Earnings Conference Call August 15, 2024 9:00 AM ET Company Participants Jeff Knutson - VP of Finance, CFO, Treasurer and Secretary John Batten - CEO Conference Call Participants Simon Wong - Gabelli Funds Barry Haimes - Sage Asset Management Operator Welcome to the Twin Disc Inc. Fiscal Fourth Quarter and Full Year 2024 Conference Call. We will begin with introductory remarks from Jeff Knutson, Twin Disc's CFO. Please go ahead. Jeff Knutson Good morning, and th ...
Twin Disc(TWIN) - 2024 Q4 - Annual Results
2024-08-15 12:30
Exhibit 99.1 Twin Disc Announces Fourth Quarter & Full Year Results MILWAUKEE, Wis., August 15, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the fourth quarter and full fiscal year 2024 ended June 30, 2024. Fiscal Full Year 2024 Highlights ● Sales increased 6.6% year-over-year to $295.1 million ● Net income attributable to Twin Disc was $11.0 million ● EBITDA* increased 2.9% year-over-year at $26.5 million ● Robust operating cash flow of $33.7 million ● Free cash flow* ...
Twin Disc Announces Full Year & Fourth Quarter Results
GlobeNewswire News Room· 2024-08-15 12:00
MILWAUKEE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the fourth quarter and full fiscal year 2024 ended June 30, 2024. Fiscal Full Year 2024 Highlights Sales increased 6.6% year-over-year to $295.1 million Net income attributable to Twin Disc was $11.0 million EBITDA* increased 2.9% year-over-year to $26.5 million Robust operating cash flow of $33.7 million Free cash flow* of $25.0 million compared to $15.0 million in the year-ago period Strong six-month bac ...
Twin Disc Approves a Quarterly Cash Dividend
Newsfilter· 2024-08-06 12:00
MILWAUKEE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that the Board of Directors (the "Board") approved a regular quarterly cash dividend of $0.04 per share payable on September 2, 2024, to shareholders of record at the close of business on August 19, 2024. About Twin Disc Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propell ...
Twin Disc Approves a Quarterly Cash Dividend
GlobeNewswire News Room· 2024-08-06 12:00
MILWAUKEE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that the Board of Directors (the "Board") approved a regular quarterly cash dividend of $0.04 per share payable on September 2, 2024, to shareholders of record at the close of business on August 19, 2024. About Twin Disc Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propell ...
Twin Disc, Inc. Joins Russell 2000® and Russell 3000® Indexes
Newsfilter· 2024-07-01 20:15
MILWAUKEE, July 01, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ:TWIN) announced today that it has been added to the Russell 2000® and Russell 3000® indexes, effective July 1, 2024. "We are pleased to be included in the Russell indexes, highlighting the growth that Twin Disc has achieved in recent years through solid, consistent execution of our operational playbook," commented John H. Batten, President and Chief Executive Officer of Twin Disc. "We look forward to continuing our momentum as we drive fur ...
Twin Disc, Inc. Joins Russell 2000® and Russell 3000® Indexes
GlobeNewswire News Room· 2024-07-01 20:15
MILWAUKEE, July 01, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ:TWIN) announced today that it has been added to the Russell 2000® and Russell 3000® indexes, effective July 1, 2024. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. "We are pleased to be included in the Russell indexes, highlighting the growth that ...
Twin Disc, Inc. Completes Acquisition of Katsa Oy
Newsfilter· 2024-05-31 12:00
MILWAUKEE, May 31, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ:TWIN) announced today that it has completed the previously announced acquisition of Katsa Oy ("Katsa"), a leading European manufacturer of high-quality power transmission components and gearboxes, in an all-cash transaction valued at €21 million (approximately $23 million). The acquisition of Katsa broadens Twin Disc's global reach through further expansion into growing European markets, while also adding complementary products to grow offe ...