{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-003291","form_type":"8-K","ticker":"TWIN","cik":"0000100378","company_name":"TWIN DISC INC","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.036494+00:00","generated_at":"2026-06-06T06:18:11.272260+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Twin Disc Q2 revenue rises 15.2% to $73M; net income drops to $0.9M on prior-year gain","bullets":["Net income $0.9M ($0.07 diluted EPS) vs $1.8M ($0.13) YoY; EBITDA $5.5M down from $7.0M.","Gross margin 28.3% (+140 bps YoY); operating cash flow $16.0M; free cash flow $10.6M.","Marine & Propulsion sales up 28.7% to $46.9M; Land-Based Transmissions +8.1%; Industrial -13.1%.","Six-month backlog $125.2M; cash $21.0M (+55.4% YoY); total debt $17.7M (-44.6%).","Management highlights strong demand and cash generation; net debt improved to ($3.3M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-003291","json":"https://secwatch.observer/filing/0001437749-24-003291.json","markdown":"https://secwatch.observer/filing/0001437749-24-003291.md","text":"https://secwatch.observer/filing/0001437749-24-003291.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100378/000143774924003291/0001437749-24-003291-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100378/000143774924003291/twin20240205_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T06:18:11.272260+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":"26fb66766cd4de2a84c3df37d0f0a2cc2a792705","claim":"TWIN DISC INC reported fiscal 2024 second quarter ended December 29, 2023 results: revenue $73.0 million, net income $0.9 million, EPS $0.07 per diluted share.","evidence_excerpt":"TWIN) , today reported results for the fiscal 2024 second quarter ended December 29, 2023. Fiscal Second Quarter 2024 Highlights ● Sales increased 15.2% year-over-year to $73.0 million ● Gross margin of 28.3%, expanded 140 basis points on a year-over-year basis ● Net income attributable to Twin Disc was $0.9 million and EBITDA* of $5.5 million ● Significantly","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100378/000143774924003291/0001437749-24-003291-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024 second quarter ended December 29, 2023"},{"label":"Revenue","value":"$73.0 million"},{"label":"Net income","value":"$0.9 million"},{"label":"EPS","value":"$0.07 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"}