Twin Disc (TWIN) Tops Q1 EPS by 5c
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Twin Disc, Inc. Announces Fiscal 2017 First Quarter Financial Results
November 1, 2016 8:00 AM EDTGross Profit Percent Improves 370 Basis Points versus Q1 FY16 on Lower SalesBalance Sheet Remains Strong with $6,383,000 in Net Cash at September 30, 2016Ongoing Initiatives to Further Reduce Cost StructureGlobal Oil and Gas and Asia Commercial Marine Markets Remain Challenging
RACINE, Wis., Nov. 01, 2016 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2017 first quarter ended September 30, 2016.Â
Sales for the fiscal 2017 first quarter were $35,835,000, compared to $37,373,000 for the same period last year.... More
