---
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"
generated_at: "2026-06-20T00:46:25.216214+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Twin Disc Q2 swings to profit; sales up 5.8% to $63.4M; backlog grows to $124M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-002412
- JSON: https://secwatch.observer/filing/0001437749-23-002412.json
- Plain text: https://secwatch.observer/filing/0001437749-23-002412.txt

## Key facts
- Earnings Releases
  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.
  - Period: fiscal 2023 second quarter and first half ended December 30, 2022
  - Revenue: $63.4 million
  - Net income: $1.1 million
  - EPS: $0.08 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/100378/000143774923002412/0001437749-23-002412-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.