secwatch.observer — SEC 8-K summary ====================================== Issuer: TWIN DISC INC (TWIN) CIK: 0000100378 Form: 8-K Filed at: 2025-02-05T23:59:59+00:00 Accession: 0001437749-25-002829 Event type: earnings Sentiment: neutral Materiality: 0.70 Item codes: 2.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Twin Disc Q2 sales up 23% to $89.9M; EPS $0.07 flat; gross margin down 420bps ----------------------------------------------------------------------------- - Sales $89.9M (+23.2% YoY, organic +10.1%); net income $0.9M ($0.07 EPS) flat YoY. - Gross margin 24.1%, down 420bps, driven by $1.6M inventory write-down and Katsa costs. - EBITDA $6.3M (+13.5% YoY); six-month backlog $124.0M (down from $144.3M in Q1). - Cash $15.9M (-24.3%), total debt $24.9M (+40.5%), net debt $9.0M increase from Katsa. - CEO notes marine stable, Veth record, Asian oil/gas challenges, industrials recovering. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/100378/000143774925002829/0001437749-25-002829-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/100378/000143774925002829/twin20250204_8k.htm HTML page: https://secwatch.observer/filing/0001437749-25-002829 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer