Twin Disc (TWIN) Tops Q4 EPS by 15c
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Twin Disc, Inc. Announces Fiscal 2016 Fourth Quarter Financial Results
August 18, 2016 8:01 AM EDTGenerated $8.7 Million in Operating Cash Flow in Fourth QuarterFourth Quarter Gross Profit Percent Highest of the YearStrong Reduction in Debt as a result of Significant Operating Cash FlowGlobal Oil and Gas and Asia Commercial Marine Markets Remain Challenging
RACINE, Wis., Aug. 18, 2016 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2016 fourth quarter ended June 30, 2016.Â
Sales for the fiscal 2016 fourth quarter were $42,646,000, compared to $67,334,000 for the same period last year. For fiscal 2016, sales were... More
