TWIN DISC, INC. ANNOUNCES FISCAL 2020 THIRD QUARTER FINANCIAL RESULTS
Twin Disc, Incorporated (TWIN)
Last twin disc, incorporated earnings: 5/1 08:00 am
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US:NASDAQ Investor Relations:
ir.twindisc.com/investor-relations
Company Research
Source: GlobeNewswire
Third quarter sales up sequentially driven primarily by stable marine demandGenerated $5.3 million of cash from operating activities during the third quarterRecorded a non-cash goodwill impairment of $27.6 millionRecently implemented annualized expense reductions of $4.1 million in response to the COVID-19 crisis RACINE, Wis. , May 01, 2020 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2020 third quarter ended March 27, 2020. “We are focused on successfully navigating the near-term challenges created by the unprecedented COVID-19 crisis and the significant decline in global oil and gas prices, while protecting the health and safety of our customers, employees, and communities,” commented John H. Batten, Chief Executive Officer. “Over five years ago we started pursuing strategies to limit the capital requirements of our business, improve manufacturing efficiency, reduce costs, and diversify our geographic footprint and end marke
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News
- Twin Disc (NASDAQ:TWIN) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TWIN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</aMarketBeat
- $2.38 Bn Marine Base Steering Gear Market Trends, Strategies, and Opportunities, 2020-2025, 2025-2030F, 2035F [Yahoo! Finance]Yahoo! Finance
- Twin Disc (NASDAQ:TWIN) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TWIN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> MarketBeat
- Twin Disc: Improving End-Markets, But Long-Term Margin Improvement Is Key [Seeking Alpha]Seeking Alpha
- Twin Disc (NASDAQ:TWIN) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TWIN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</aMarketBeat
TWIN
Sec Filings
- 12/11/25 - Form 4
- 12/8/25 - Form 4
- 12/5/25 - Form 4
- TWIN's page on the SEC website