Twin Disc

Twin Disc, Inc. engages in the manufacturing and marketing of marine and off-highway power transmission equipment. It operates through the Manufacturing and Distribution segments. The Manufacturing segment refers to the manufacturing, assembly, and office facilities in Racine, Wisconsin, U.S.A., Nivelles, Belgium, Decima, Italy, and Switzerland. The Distribution segment includes properties in Singapore, China, India, and Japan which are leased and are used for sales offices, warehousing, and light assembly or product service. The company was founded by P.H. Batten in 1918 and is headquartered in Racine, WI.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

TWIN reports 24% sales growth, aims to reduce debt

TWIN's Q1 2023 performance reflects strong sales growth, operational achievements, and a focus on debt reduction. The company faces margin challenges but is actively addressing supply chain headwinds and modernization needs. TWIN is well-positioned to capitalize on opportunities in the marine and propulsion systems markets.

Twin Disc reports robust Q2 sales growth and strategic innovations

Twin Disc's Q2 2023 performance reflects strong sales growth, operational efficiency, and strategic financial management amidst market challenges.
While facing challenges like COVID-related disruptions and supply chain issues, the company is poised to leverage opportunities in new applications and market improvements.
With a positive outlook for the second half of fiscal 2023 and a focus on efficiency and innovation, Twin Disc aims to navigate challenges and drive sustainable growth.
Investors should monitor Twin Disc's execution of refined strategies to address inventory challenges and capitalize on opportunities in the evolving energy market.

Twin Disc reports robust sales growth and strategic expansion plans

Twin Disc's Q3 performance showcased strong sales growth and operational improvements despite margin challenges.
The company's focus on hybrid and electric offerings, along with strategic capital allocation, positions it well for future growth.
While facing supply chain hurdles, Twin Disc's medium-term targets signal a clear path towards revenue and margin expansion.

Twin Disc reports robust Q4 earnings, eyes growth opportunities

Twin Disc demonstrated strong financial performance and operational resilience in Q4 2023, driven by sales growth and cash flow generation.
While facing challenges in certain segments, the company's strategic focus on debt reduction and margin improvement bodes well for future stability.
With a clear roadmap for growth and efficiency targets, Twin Disc is poised to capitalize on opportunities in key business segments and emerging markets.

Twin Disc (TWIN) reports robust Q1 performance, eyes hybrid solutions

Twin Disc (TWIN) delivered a strong Q1 2024 performance with sales growth, margin expansion, and dividend reinstatement. While facing challenges in the industrial segment, the company is strategically positioned to capitalize on opportunities in hybrid solutions and M&A activities for future growth.

Twin Disc reports robust Q2 sales growth and strategic focus

Twin Disc delivered strong sales growth and improved profit margins in Q2 2024.
While facing challenges in the industrial segment, the company is optimistic about growth opportunities.
Strategic focus on hybrid solutions, M&A evaluations, and capital allocation for shareholder value.
Cautious optimism maintained for the fiscal year outlook amidst operational enhancements.

Twin Disc reports solid Q3 results, eyes growth through acquisitions

Twin Disc's Q3 2024 performance showcased strength in marine sales but challenges in industrial segments.
The company's focus on innovation and strategic partnerships positions it well for future growth.
Addressing sales declines in specific segments and leveraging acquisitions are key to seizing opportunities.
Overall, Twin Disc's financials reflect solid sales and net income figures for the quarter.

Twin Disc reports steady sales growth and strategic expansion plans

Twin Disc's Q4 performance showed modest sales growth and improved profitability, driven by strategic acquisitions and segment-specific initiatives.
While facing challenges in the industrial segment, the company is focused on leveraging opportunities in hybrid solutions and global expansion.
Maintaining financial stability, Twin Disc aims to sustain growth momentum and capitalize on emerging market trends in the marine technology sector.

Twin Disc reports robust Q1 revenue growth amidst operational challenges

Twin Disc delivered strong revenue growth driven by strategic acquisitions and product demand in key segments.
While facing challenges such as net losses and EBITDA decline, the company's focus on efficiency and innovation positions it for future success.
Navigating inflationary pressures and supply chain disruptions will be crucial, but Twin Disc's backlog and product focus offer promising opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Twin Disc, Inc. engages in the design, manufacture, and trade of marine and heavy duty off-highway power transmission equipment. It operates through the Manufacturing and Distribution segments. The Manufacturing segment refers to the manufacturing, assembly, and office facilities in Racine, Wisconsin, U.S.A., Nivelles, Belgium, Decima, Italy, and Switzerland. The Distribution segment includes properties in Singapore, China, India, and Japan which are leased and are used for sales offices, warehousing, and light assembly or product service. The company was founded by P.H. Batten in 1918 and is headquartered in Milwaukee, WI.

Twin Disc, Incorporated (NASDAQ:TWIN ) Q1 2025 Results Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Jeffrey Knutson - Vice President of Finance, Chief Financial Officer, Treasurer and Secretary John Batten - Chief Executive Officer Conference Call Participants Simon Wong - Gabelli Funds Operator Thank you for standing by. My name is Andrea, and I will be your conference operator today.

Twin Disc, Incorporated (TWIN) Q1 2025 Earnings Call Transcript

TWIN incurs a fiscal Q1 net loss of 20 cents per share as rising operational costs and an unfavorable product mix offset a 14.7% revenue increase driven by the Katsa Oy acquisition.

Rising ME&A Costs Hurt Twin Disc's Q1 Earnings Despite Revenue Growth

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.

Twin Disc Approves a Quarterly Cash Dividend

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.

Twin Disc Announces Details of Fiscal 2025 First Quarter Earnings Release, Webcast, and Conference Call

Twin Disc's (TWIN) Q4 EPS dropped to 53 cents despite revenue growth in the Marine and Propulsion Systems unit. Higher operational costs and declines in the Industrial and Other segments impacted overall profitability.

Twin Disc's (TWIN) Q4 EPS Falls Y/Y Amid Rising Expenses

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.

Twin Disc, Incorporated (TWIN) Q4 2024 Earnings Call Transcript

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.

Twin Disc Announces Full Year & Fourth Quarter Results

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.

Twin Disc, Inc. Joins Russell 2000® and Russell 3000® Indexes

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).

Twin Disc, Inc. Completes Acquisition of Katsa Oy

Discover why Zacks rates Twin Disc with a "Neutral" recommendation, being the first on Wall Street to initiate coverage on the stock. Explore Twin Disc's strategic acquisition, robust financial performance and innovative solutions balanced against niche market risks and rising costs.

Zacks Initiates Coverage of Twin Disc With Neutral Recommendation

Twin Disc, Incorporated (NASDAQ:TWIN ) Q3 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Jeff Knutson - VP of Finance, CFO, Treasurer and Secretary John Batten - CEO Conference Call Participants Will Nasgovitz - Heartland Advisors Operator Thank you for standing by. My name is Alex, and I will be your conference operator today.

Twin Disc, Incorporated (TWIN) Q3 2024 Earnings Call Transcript

MILWAUKEE, April 30, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported results for the fiscal 2024 third quarter ended March 29, 2024.

Twin Disc Announces Third Quarter Results

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.

Twin Disc Announces Update to Timing of its Fiscal 2024 Third Quarter Earnings Webcast and Conference Call

MILWAUKEE, April 16, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2024 third-quarter results at approximately 8:00 am Eastern on April 30, 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.

Twin Disc Announces Details of Fiscal 2024 Third Quarter Earnings Release, Webcast, and Conference Call

MILWAUKEE, March 06, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), announced today that it has entered into a definitive agreement to acquire 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 transaction is expected to close in the first half of calendar year 2024, subject to customary closing conditions, including regulatory approval.

Twin Disc, Inc. Signs Definitive Agreement to Acquire Katsa Oy

Twin Disc, Incorporated (TWIN) Q2 2024 Earnings Call Transcript

MILWAUKEE, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported results for the fiscal 2024 second quarter ended December 29, 2023.

Twin Disc Announces Second Quarter Results

MILWAUKEE, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2024 second-quarter results at approximately 8:00 am Eastern on February 7, 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.

Twin Disc Announces Details of Fiscal 2024 Second Quarter Earnings Release, Webcast, and Conference Call

Ault Alliance Inc

Fathom Digital Manufacturing Co

Spirit Airlines

Standex

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Top 5 Industrial Stocks That Are Set To Fly In Q4 - Ault Alliance (AMEX:AULT), Fathom Digital Mfg (NYSE:FATH)

Twin Disc, Incorporated (NASDAQ:TWIN ) Q1 2024 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Jeff Knutson - VP of Finance, CFO, Treasurer and Secretary John Batten - CEO Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to the Twin Disc, Inc. Fiscal First Quarter 2024 Conference Call. [Operator Instructions] Thank you.

Twin Disc, Incorporated (TWIN) Q1 2024 Earnings Call Transcript

MILWAUKEE, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that the Board of Directors (the "Board") reinstated a regular quarterly cash dividend of $0.04 per share payable on December 1, 2023, to shareholders of record at the close of business on November 17, 2023. This resumption of Twin Disc's quarterly dividend following the suspension of the program in February 2016 reflects the Company's ongoing progress towards achieving its medium-term financial targets.

Twin Disc Reinstates Quarterly Cash Dividend

MILWAUKEE, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported results for the fiscal 2024 first quarter ended September 29, 2023.

Twin Disc Announces First Quarter Results

MILWAUKEE, Sept. 07, 2023 (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 September 2023 Virtual Small-Cap Conference on Thursday, September 21 at 12:00 pm Central. 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.

Twin Disc to Attend Sidoti September 2023 Virtual Small-Cap Conference

Twin Disc reaffirms medium-term targets, including future gross margin close to 30% and FCF conversion close to 60%. Recent business structure redesign in Belgium may improve efficiency and competitiveness, leading to potential FCF growth. Risks from steel supply, manufacturing quality, productivity, and international regulations could impact stock price, but Twin Disc seems undervalued.

Twin Disc: Strong FCF And Electric Solutions Could Push The Price Up

Twin Disc, Incorporated (NASDAQ:TWIN ) Q4 2023 Earnings Call Transcript August 16, 2023 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 Operator Good day, and welcome to the Twin Disc Fiscal Fourth Quarter 2023 Conference Call. All participants will be in a listen-only mode.

News for Twin Disc Stock (TWIN)