Twin Disc (TWIN) Tops Q4 EPS by 20c

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Twin Disc Announces Full Year & Fourth Quarter Results

August 15, 2024 8:00 AM EDT

MILWAUKEE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the fourth quarter and full fiscal year 2024 ended June 30, 2024.

Fiscal Full Year 2024 Highlights

Sales increased 6.6% year-over-year to $295.1 millionNet income attributable to Twin Disc was $11.0 millionEBITDA* increased 2.9% year-over-year to $26.5 millionRobust operating cash flow of $33.7 millionFree cash flow* of $25.0 million compared to $15.0 million in the year-ago periodStrong six-month backlog of $133.7 million supported by consistent end market demand

Fiscal Fourth Quarter 2024... More