Twin Disc's (TWIN) Q4 EPS Falls Y/Y Amid Rising Expenses
Twin Disc(TWIN) ZACKS·2024-08-16 23:51
Twin Disc, Incorporated (TWIN) reported earnings per share (EPS) of 53 cents in the fourth quarter of fiscal 2024 compared with 62 cents in the prior-year period. The company's quarterly revenues rose slightly by 0.6% to $84.4 million, up from $83.9 million in the fourth quarter of 2023. Overall, Twin Disc witnessed key strengths in specific segments during the fourth quarter of fiscal 2024 and strategic initiatives like the Katsa acquisition. However, the rise in operational expenses and challenges in the ...