Twin Disc (TWIN) Reports Q2 Loss of $0.36, Beats on Revenues

Twin Disc (NASDAQ: TWIN) reported Q2 EPS of ($0.36), versus $0.03 reported last year. Revenue for the quarter came in at $56.55 million versus the consensus estimate of $51.5 million.

• Second Quarter Sales Increased 67.9% to $56,546,000 versus Second Quarter FY17
• Generated $5,243,000 in Operating Cash Flow in Second Quarter FY18
• Gross Margin Improves 550-Basis Points from Second Quarter FY17
• Six-Month Backlog at December 29, 2017 was $85,116,000, Up 35.8% in Three Months
• Oil & Gas and Aftermarket Orders Remain Strong
• US Tax Legislation Resulted in $4,600,000, or $0.40 per share, Non-Cash Charge

For earnings history and earnings-related data on Twin Disc (TWIN) click here.

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