Twin Disc(TWIN) - 2024 Q3 - Quarterly Results
TWINTwin Disc(TWIN)2024-04-30 20:30

Exhibit 99.1 Twin Disc Announces Third Quarter Results MILWAUKEE, Wis., April 30, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported results for the fiscal 2024 third quarter ended March 29, 2024. Fiscal Third Quarter 2024 Highlights • Sales increased 50 basis points year-over-year to 74.2million•Grossmarginof28.274.2 million • Gross margin of 28.2%, expanded 210 basis points on a year-over-year basis • Net income attributable to Twin Disc was 3.8 million and EBITDA* of $7.0 million • Robust operating cash flow y ...