{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-013853","form_type":"8-K","ticker":"TWIN","cik":"0000100378","company_name":"TWIN DISC INC","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.811463+00:00","generated_at":"2026-06-03T03:51:22.108239+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Twin Disc Q3 net income $3.8M, EPS $0.27; sales $74.2M, gross margin 28.2%","bullets":["Sales up 0.5% YoY to $74.2M; gross margin expanded 210 bps to 28.2%.","Net income $3.8M ($0.27 diluted) vs $3.3M ($0.24) a year ago; EBITDA $7.0M.","YTD operating cash flow $22.3M, free cash flow $14.7M; net debt improved to $(6.8)M.","Six-month backlog $130.5M; inventory/backlog ratio improved to 99.5% from 105.3%.","Announced agreement to acquire Katsa Oy for expanded industrial, marine and hybrid offerings."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-013853","json":"https://secwatch.observer/filing/0001437749-24-013853.json","markdown":"https://secwatch.observer/filing/0001437749-24-013853.md","text":"https://secwatch.observer/filing/0001437749-24-013853.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100378/000143774924013853/0001437749-24-013853-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100378/000143774924013853/twin20240429_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:51:22.108239+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":"2061fe039821055a6f4ec0f41b7704a31e0df48e","claim":"TWIN DISC INC reported third quarter ended March 29, 2024 results: revenue $74.2 million, net income $3.8 million, EPS $0.27 per diluted share.","evidence_excerpt":"TWIN) , today reported results for the fiscal 2024 third quarter ended March 29, 2024. Fiscal Third Quarter 2024 Highlights • Sales increased 50 basis points year-over-year to $74.2 million • Gross margin of 28.2%, expanded 210 basis points on a year-over-year basis • Net income attributable to Twin Disc was $3.8 million and EBITDA* of $7.0 million • Robust","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100378/000143774924013853/0001437749-24-013853-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended March 29, 2024"},{"label":"Revenue","value":"$74.2 million"},{"label":"Net income","value":"$3.8 million"},{"label":"EPS","value":"$0.27 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"}