Twin Disc (TWIN) Misses Q1 EPS by 17c

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Twin Disc, Inc. Announces Fiscal 2023 First Quarter Financial Results

November 4, 2022 8:00 AM EDT

First quarter sales up 17.1% year-over-year and are up 27.2% on a constant currency1 basis Six-month backlog of $108.9 million at September 30, 2022, up 7.6% from June 30, 2022 and up 26.5% from September 24, 2021Management optimistic financial and operating results will accelerate throughout fiscal year 2023

RACINE, Wis., Nov. 04, 2022 (GLOBE NEWSWIRE) --  Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2023 first quarter ended September 30, 2022.

Sales for the fiscal 2023 first quarter were $55.9 million, compared to $47.8 million for... More