---
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"
generated_at: "2026-06-03T03:51:22.108239+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Twin Disc Q3 net income $3.8M, EPS $0.27; sales $74.2M, gross margin 28.2%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013853
- JSON: https://secwatch.observer/filing/0001437749-24-013853.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013853.txt

## Key facts
- Earnings Releases
  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.
  - Period: third quarter ended March 29, 2024
  - Revenue: $74.2 million
  - Net income: $3.8 million
  - EPS: $0.27 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/100378/000143774924013853/0001437749-24-013853-index.htm

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