Twin Disc (TWIN) Tops Q4 EPS by 41c

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Twin Disc, Inc. Announces Fiscal 2022 Fourth Quarter Financial Results

September 1, 2022 8:00 AM EDT

Fourth quarter sales up 14.8% year-over-year Gross margin increased 410 basis points year-over-year to 31.8%Net income of $7.8 million, or $0.58 per diluted shareTwin Disc collaborates with Hinckley Yachts to launch hybrid marine power control system Six-month backlog of $101.2 million at June 30, 2022, up 44.0% from June 30, 2021, as global order rates and end-market demand continue to improve

RACINE, Wis., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2022 fourth quarter ended June 30, 2022.

Sales for the... More