Twin Disc Announces Third Quarter Results

About this update from Twin Disc, Incorporated

[{"type":"image","alt":"Twin Disc, Incorporated","displaySize":"","headline":null,"caption":"Twin Disc, Incorporated","className":"","disableSlideshowImg":false,"size":{"original":{"width":228,"height":102,"url":"https://media.zenfs.com/en/globenewswire.com/a757d9cab848ce6f8695af0ae5ad9630"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ti5awe2llgqnzM83bG922Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4ODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a757d9cab848ce6f8695af0ae5ad9630","width":228,"height":102}},"lazy":false},{"type":"text","content":"MILWAUKEE, May 07, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the third quarter ended March 28, 2025.","length":141,"tagName":"p"},{"type":"text","content":"Fiscal Third Quarter 2025 Highlights","length":36,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales increased 9.5% year-over-year to $81.2 million","length":52,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss attributable to Twin Disc was ($1.5) million and EBITDA* of $4.0 million","length":81,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating cash flow of $3.4 million","length":35,"tagName":"p"}]},{"val":[{"type":"text","content":"Healthy six-month backlog of $133.7 million supported by strong ongoing order activity","length":86,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":254,"olType":false},{"type":"text","content":"CEO Perspective","length":15,"tagName":"p"},{"type":"text","content":"“Our third quarter results reflect another solid performance, with sequential margin improvement and strong momentum exiting the quarter. Strength across our core marine propulsion markets, particularly in North America and Europe, supported results, while order activity for Veth remained robust, continuing to be driven by demand in the luxury yacht and riverboat vessels. Though the global macro environment remains uncertain, our diversified geographic footprint and mission-critical portfolio continue to provide resiliency. Our six-month backlog grew meaningfully sequentially, supported by sustained order activity across key markets along with the addition of Kobelt,” commented John H. Batten, President and Chief Executive Officer of Twin Disc.","length":754,"tagName":"p"},{"type":"text","content":"“We remain focused on executing our long-term strategy, inclu...

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