{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-002412","form_type":"8-K","ticker":"TWIN","cik":"0000100378","company_name":"TWIN DISC INC","filed_at":"2023-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.416881+00:00","generated_at":"2026-06-20T00:46:25.216214+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Twin Disc Q2 swings to profit; sales up 5.8% to $63.4M; backlog grows to $124M","bullets":["Q2 net income of $1.1M ($0.08 diluted EPS) vs net loss of $3.8M ($0.29 loss) a year ago.","Sales $63.4M (+5.8% YoY); gross margin improved to 26.9% from 22.5%.","Backlog $124.0M, up 22.5% from June 30, 2022 and 25.4% from Dec 31, 2021.","EBITDA $6.3M vs negative $0.2M in prior-year quarter; gain of $4.2M on sale of Belgium property.","Net debt improved 23.4% from June 30, 2022; supply chain challenges continue to limit sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-002412","json":"https://secwatch.observer/filing/0001437749-23-002412.json","markdown":"https://secwatch.observer/filing/0001437749-23-002412.md","text":"https://secwatch.observer/filing/0001437749-23-002412.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100378/000143774923002412/0001437749-23-002412-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100378/000143774923002412/twin20230131_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T00:46:25.216214+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"88d9dcd4ad6b5950c45150da713e3ec2db53836f","claim":"TWIN DISC INC reported fiscal 2023 second quarter and first half ended December 30, 2022 results: revenue $63.4 million, net income $1.1 million, EPS $0.08 per diluted share.","evidence_excerpt":"Twin Disc, Inc. (NASDAQ: TWIN) , today reported financial results for the fiscal 2023 second quarter and first half ended December 30, 2022. Sales for the fiscal 2023 second quarter were $63.4 million, compared to $59.9 million for the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100378/000143774923002412/0001437749-23-002412-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 second quarter and first half ended December 30, 2022"},{"label":"Revenue","value":"$63.4 million"},{"label":"Net income","value":"$1.1 million"},{"label":"EPS","value":"$0.08 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}