Twin Disc, Inc. Announces Fiscal 2019 Fourth Quarter Financial Results
Twin Disc, Incorporated (TWIN)
Last twin disc, incorporated earnings: 5/1 08:00 am
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US:NASDAQ Investor Relations:
ir.twindisc.com/investor-relations
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Source: GlobeNewswire
• Veth Acquisition Accretive to EBITDA for Fiscal 2019• Marine Markets Represent 48% of Total Sales for Fiscal 2019• Generated $6,697,000 in Operating Cash Flow for the Fiscal 2019 Fourth Quarter• Focused on Executing Strategic Growth Plan and Improving Profitability RACINE, Wis., Aug. 09, 2019 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2019 fourth quarter ended June 30, 2019. Sales for the fiscal 2019 fourth quarter were $72,447,000, compared to $73,774,000 for the same period last year. The 1.8% decrease in 2019 fourth quarter sales was primarily due to reduced demand for the Company’s 8500 series transmission systems from North American fracking customers, partially offset by stable activity in the global industrial and commercial marine markets, and the contribution of Veth Propulsion. For the fiscal 2019 full year, sales were $302,663,000, compared to $240,733,000 for fiscal 2018, an increase of 25.7%. Commenting on
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News
- Do Fundamentals Have Any Role To Play In Driving Twin Disc, Incorporated's (NASDAQ:TWIN) Stock Up Recently? [Yahoo! Finance]Yahoo! Finance
- Twin Disc, Incorporated (NASDAQ: TWIN) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Twin Disc, Incorporated (NASDAQ: TWIN) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Four Days Left To Buy Twin Disc, Incorporated (NASDAQ:TWIN) Before The Ex-Dividend Date [Yahoo! Finance]Yahoo! Finance
- Twin Disc (NASDAQ:TWIN) Has Announced A Dividend Of $0.04 [Yahoo! Finance]Yahoo! Finance
TWIN
Sec Filings
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 11/6/24 - Form 8-K
- TWIN's page on the SEC website