reports
Twin Disc to Attend D. Boral Inaugural Global Conference
Twin Disc to Attend D. Boral Inaugural Global Conference MILWAUKEE, May 12, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that Chief Executive Officer John Batten and Chief Financial Officer Jeff Knutson will attend the D. Boral Inaugural Global Conference on Wednesday, May 14, in New York City. In conjunction with the event, Twin Disc executives will be available to participate in one-on-one meetings with investors registered to attend the conference. About Twin DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmi...
Twin Disc Approves a Quarterly Cash Dividend
Twin Disc Approves a Quarterly Cash Dividend MILWAUKEE, May 09, 2025 (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 June 2, 2025, to shareholders of record at the close of business on May 19, 2025. About Twin DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propellers and boat management systems, as well as pow...
Twin Disc Announces Third Quarter Results
Twin Disc Announces Third Quarter Results MILWAUKEE, May 07, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the third quarter ended March 28, 2025. Fiscal Third Quarter 2025 Highlights Sales increased 9.5% year-over-year to $81.2 millionNet loss attributable to Twin Disc was ($1.5) million and EBITDA* of $4.0 millionOperating cash flow of $3.4 millionHealthy six-month backlog of $133.7 million supported by strong ongoing order activity CEO Perspective “Our third quarter results reflect another solid performance, with sequential margin improvement an...
Twin Disc Announces Details of Fiscal 2025 Third Quarter Earnings Rele...
Twin Disc Announces Details of Fiscal 2025 Third Quarter Earnings Release, Webcast, and Conference Call MILWAUKEE, April 22, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2025 third-quarter results at approximately 8:00 am Eastern on May 7, 2025, and host a webcast and conference call to discuss those results at 9:00 am Eastern. Following their prepared remarks, the Company will host a question-and-answer session with the investment community. The live audio webcast will be available on Twin Disc’s website at . To participate in ...
Twin Disc, Inc. Announces Acquisition of Kobelt
Twin Disc, Inc. Announces Acquisition of Kobelt MILWAUKEE, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), a global leader in power transmission technology for marine and land-based applications, announced today the successful completion of its $16.5 million acquisition of Kobelt Manufacturing Co. Ltd. (“Kobelt”), a Canadian company based in British Columbia that specializes in brake, control and steering systems for industrial and marine end markets. Twin Disc's global presence will expand Kobelt's international reach, while Kobelt will contribute complementary produ...
Twin Disc Announces Second Quarter Results
Twin Disc Announces Second Quarter Results MILWAUKEE, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the second quarter ended December 27, 2024. Fiscal Second Quarter 2025 Highlights Sales increased 23.2% year-over-year to $89.9 million, organic sales* increased 10.1%Net income attributable to Twin Disc was $0.9 millionEBITDA* increased 13.5% year-over-year to $6.3 millionOperating cash flow of $4.3MHealthy six-month backlog of $124.0 million supported by strong ongoing order activity CEO Perspective “This quarter's performance reflected an...
Twin Disc Approves a Quarterly Cash Dividend
Twin Disc Approves a Quarterly Cash Dividend MILWAUKEE, Wis., Feb. 05, 2025 (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 March 3, 2025, to shareholders of record at the close of business on February 17, 2025. About Twin DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propellers and boat management systems, a...
Twin Disc Announces Details of Fiscal 2025 Second Quarter Earnings Rel...
Twin Disc Announces Details of Fiscal 2025 Second Quarter Earnings Release, Webcast, and Conference Call MILWAUKEE, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2025 second-quarter results at approximately 8:00 am Eastern on February 5, 2025, and host a webcast and conference call to discuss those results at 9:00 am Eastern. Following their prepared remarks, the Company will host a question-and-answer session with the investment community. The live audio webcast will be available on Twin Disc’s website at . To participa...
Twin Disc to Attend Sidoti November 2024 Virtual Micro-Cap Conference
Twin Disc to Attend Sidoti November 2024 Virtual Micro-Cap Conference MILWAUKEE, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that Chief Executive Officer John Batten and Chief Financial Officer Jeff Knutson are presenting at the Sidoti November 2024 Virtual Micro-Cap Conference on Wednesday, November 13 at 11:30 am Eastern. In conjunction with the event, Twin Disc executives will be available to participate in one-on-one meetings with investors registered to attend the conference. The event will be streamed live via a webcast available on the Investo...
Twin Disc Approves a Quarterly Cash Dividend
Twin Disc Approves a Quarterly Cash Dividend MILWAUKEE, Nov. 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 December 2, 2024, to shareholders of record at the close of business on November 18, 2024. About Twin DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propellers and boat management systems, as w...
Twin Disc Announces First Quarter Results
Twin Disc Announces First Quarter Results MILWAUKEE, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the first quarter ended September 27, 2024. Fiscal First Quarter 2025 Highlights Sales increased 14.7% year-over-year to $72.9 millionGross margin of 26.5%, expanded 30 basis points over prior yearNet loss attributable to Twin Disc was ($2.8) million and EBITDA* of $1.7 million, accounting for a ($1.1) million currency lossRobust six-month backlog of $144.3 million supported by healthy ongoing demand CEO Perspective “We delivered double-digit...
Twin Disc Announces Details of Fiscal 2025 First Quarter Earnings Rele...
Twin Disc Announces Details of Fiscal 2025 First Quarter Earnings Release, Webcast, and Conference Call MILWAUKEE, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2025 first-quarter results at approximately 8:00 am Eastern on November 6, 2024, and host a webcast and conference call to discuss those results at 9:00 am Eastern. Following their prepared remarks, the Company will host a question-and-answer session with the investment community. The live audio webcast will be available on Twin Disc’s website at . To participate...
Twin Disc Announces Full Year & Fourth Quarter Results
Twin Disc Announces Full Year & Fourth Quarter Results 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 millionNet income attributable to Twin Disc was $11.0 millionEBITDA* increased 2.9% year-over-year to $26.5 millionRobust operating cash flow of $33.7 millionFree cash flow* of $25.0 million compared to $15.0 million in the year-ago periodStrong six-month backlog of $133.7 million supporte...
Twin Disc Approves a Quarterly Cash Dividend
Twin Disc Approves a Quarterly Cash Dividend 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 DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propellers and boat management systems, as ...
Twin Disc Announces Details of Fiscal 2024 Fourth Quarter Earnings Rel...
Twin Disc Announces Details of Fiscal 2024 Fourth Quarter Earnings Release, Webcast, and Conference Call MILWAUKEE, July 31, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2024 fourth-quarter results at approximately 8:00 am Eastern on August 15, 2024, and host a webcast and conference call to discuss those results at 9:00 am Eastern. Following their prepared remarks, the Company will host a question-and-answer session with the investment community. The live audio webcast will be available on Twin Disc’s website at . To participat...
Twin Disc, Inc. Joins Russell 2000® and Russell 3000® Indexes
Twin Disc, Inc. Joins Russell 2000® and Russell 3000® Indexes 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 further progress toward...
Twin Disc, Inc. Completes Acquisition of Katsa Oy
Twin Disc, Inc. Completes Acquisition of Katsa Oy 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 offerings in the industrial, marine ...
Twin Disc Approves a Quarterly Cash Dividend
Twin Disc Approves a Quarterly Cash Dividend MILWAUKEE, April 30, 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 June 3, 2024, to shareholders of record at the close of business on May 20, 2024. About Twin DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propellers and boat management systems, as well as p...
Twin Disc Announces Third Quarter Results
Twin Disc Announces Third Quarter Results MILWAUKEE, April 30, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported results for the fiscal 2024 third quarter ended March 29, 2024. Fiscal Third Quarter 2024 Highlights Sales increased 50 basis points year-over-year to $74.2 millionGross margin of 28.2%, expanded 210 basis points on a year-over-year basisNet income attributable to Twin Disc was $3.8 million and EBITDA* of $7.0 millionRobust operating cash flow year to date of $22.3 million compared to $6.9 million in the year-ago periodFree cash flow* year to date of $14...
Twin Disc Announces Update to Timing of its Fiscal 2024 Third Quarter ...
Twin Disc Announces Update to Timing of its Fiscal 2024 Third Quarter Earnings Webcast and Conference Call MILWAUKEE, April 23, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced an update to the timing of its fiscal 2024 third-quarter earnings webcast and conference call to 11:00 am Eastern on April 30, 2024 from the previously scheduled time of 9:00 am Eastern on April 30, 2024. The Company will still release its fiscal 2024 third-quarter results at approximately 8:00 am Eastern on April 30, 2024. The live audio webcast will be available on Twin Disc’s website a...
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