---
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"
generated_at: "2026-06-06T06:18:11.272260+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Twin Disc Q2 revenue rises 15.2% to $73M; net income drops to $0.9M on prior-year gain

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003291
- JSON: https://secwatch.observer/filing/0001437749-24-003291.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003291.txt

## Key facts
- Earnings Releases
  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.
  - Period: fiscal 2024 second quarter ended December 29, 2023
  - Revenue: $73.0 million
  - Net income: $0.9 million
  - EPS: $0.07 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/100378/000143774924003291/0001437749-24-003291-index.htm

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