{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029901","form_type":"8-K","ticker":"TWIN","cik":"0000100378","company_name":"TWIN DISC INC","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.791864+00:00","generated_at":"2026-06-08T23:01:44.605579+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 Q1 revenue up 13.7% to $63.6M, reinstates quarterly dividend","bullets":["Sales up 13.7% YoY to $63.6M; Marine & Propulsion +24.3%, Land-Based +16.6%.","Gross margin 26.2% (+240bps) despite $3.1M one-time noncash charge.","Net loss narrowed to ($1.2M), or ($0.09)/diluted share, vs ($1.4M) loss last year.","Operating cash flow $9.8M vs ($0.7M); free cash flow $6.1M vs ($2.9M).","Board reinstated quarterly dividend of $0.04/share, payable Dec 1, record Nov 17."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029901","json":"https://secwatch.observer/filing/0001437749-23-029901.json","markdown":"https://secwatch.observer/filing/0001437749-23-029901.md","text":"https://secwatch.observer/filing/0001437749-23-029901.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100378/000143774923029901/0001437749-23-029901-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100378/000143774923029901/twin20231101_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:01:44.605579+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":"7835d0de6f0493c510e3c0dbafe8996e1065dcfd","claim":"TWIN DISC INC reported first quarter 2024 results: revenue $63.6 million, net income ($1.2) million, EPS ($0.09) per diluted share.","evidence_excerpt":"TWIN) , today reported results for the fiscal 2024 first quarter ended September 29, 2023. Fiscal First Quarter 2024 Highlights ● Sales increased 13.7% year-over-year to $63.6 million ● Gross margin of 26.2%, expanded 240 basis points despite one-time noncash charge of $3.1 million ● Net loss attributable to Twin Disc was ($1.2) million and EBITDA* of $2.3","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100378/000143774923029901/0001437749-23-029901-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$63.6 million"},{"label":"Net income","value":"($1.2) million"},{"label":"EPS","value":"($0.09) 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"}