{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011507","form_type":"8-K","ticker":"TWIN","cik":"0000100378","company_name":"TWIN DISC INC","filed_at":"2023-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.534679+00:00","generated_at":"2026-06-16T05:59:34.622371+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Twin Disc Q3 sales up 24.4% to $73.8M; net income $2.7M; backlog at $127.7M","bullets":["Net income $2.7M ($0.20 per diluted share) vs $2.2M ($0.17) a year ago.","Gross margin fell 370 bps to 26.1% on inflation and component shortages.","Six-month backlog $127.7M, highest since fiscal 2018; Veth backlog at record.","Operating cash flow improved to $6.9M; cash rose 12% to $14.0M.","Marine & Propulsion sales up 32.2%; Land-Based up 21.7%; Industrial down 13.7%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011507","json":"https://secwatch.observer/filing/0001437749-23-011507.json","markdown":"https://secwatch.observer/filing/0001437749-23-011507.md","text":"https://secwatch.observer/filing/0001437749-23-011507.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100378/000143774923011507/0001437749-23-011507-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100378/000143774923011507/twin20230427c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:59:34.622371+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":"7bac0e7ceffa217a238c666742aca4537f41512b","claim":"TWIN DISC INC reported third quarter of fiscal year 2023 results: revenue $73.8 million, net income $2.7 million, EPS $0.20 per diluted share.","evidence_excerpt":"today reported results for the third quarter of fiscal year 2023, which ended on March 31, 2023. Fiscal Third Quarter 2023 Highlights ● Sales increased 24.4% year-over-year to $73.8 million ● Net income attributable to Twin Disc was $2.7 million and EBITDA* of $6.4 million ● Improved operating cash flow of $6.9 million ● Six-month backlog of $127.7 million at the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100378/000143774923011507/0001437749-23-011507-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal year 2023"},{"label":"Revenue","value":"$73.8 million"},{"label":"Net income","value":"$2.7 million"},{"label":"EPS","value":"$0.20 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"}