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Twin Disc Inc (TWIN.OQ)

TWIN.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Twin Disc Inc reports Q3 loss per share $0.16
Friday, 5 May 2017 08:00am EDT 

May 5 (Reuters) - Twin Disc Inc : :Twin Disc Inc announces fiscal 2017 third quarter financial results.Q3 sales $45.08 million versus $41.43 million.Q3 loss per share $0.16.Six month backlog improved to $49.835 million, a 31pct increase from prior quarter.Twin Disc- increase in Q3 sales was due to improved demand for co's 8500 series transmission systems from North American pressure pumping customers.  Full Article

Twin Disc Q4 adjusted loss per share $0.01
Thursday, 18 Aug 2016 08:00am EDT 

Twin Disc Inc : Twin Disc Inc announces fiscal 2016 fourth quarter financial results . Q4 sales $42.65 million versus $67.33 million . Q4 adjusted loss per share $0.01 . Q4 loss per share $0.49 . Actions taken in fiscal 2016 are expected to generate over $4.5 million in annualized savings .Recorded $7.6 million non-cash goodwill impairment charge in Q4 related to domestic industrial business and European propulsion business.  Full Article

Wilks Brothers reports 5 pct stake in Twin Disc
Monday, 27 Jun 2016 04:21pm EDT 

Twin Disc Inc :Wilks Brothers Llc reports 5.0 percent passive stake in Twin Disc Inc as of June 24 - SEC filing.  Full Article

Twin Disc Inc announces additional restructuring activities to further reduce expenses
Monday, 9 Nov 2015 04:05pm EST 

Twin Disc Inc:Announced additional restructuring and cost reduction activities to further reduce expenses, as a result of challenging global market conditions within the Company's oil and gas, global pleasure craft and Asian commercial marine markets.Once fully implemented, the Company expects $4.3 million of annual savings from these actions, in addition to $6.0 million of annual savings announced in the fiscal 2015 fourth quarter.Initiatives under the current plan include the reductions in the base salaries of the Company's corporate officers, the elimination of 15 salaried positions.  Full Article

Twin Disc, Inc declares regular quarterly cash dividend
Tuesday, 27 Oct 2015 08:00am EDT 

Twin Disc, Inc:Declares regular quarterly cash dividend of $0.09 per share.Payable on Dec. 1, to shareholders of record on Nov. 13.  Full Article

Twin Disc, Inc declares regular quarterly cash dividend
Tuesday, 4 Aug 2015 08:05am EDT 

Twin Disc, Inc:Declares regular quarterly cash dividend of $0.09 per share.Payable on Sept. 1, to shareholders of record on Aug. 14.  Full Article

Twin Disc Inc appointed new CFO
Friday, 26 Jun 2015 04:30pm EDT 

Twin Disc Inc:Announced that the Board of Directors of Twin Disc, Inc. has elected Jeffrey S. Knutson, 50, to the position of Chief Financial Officer and Treasurer effective June 22, 2015.  Full Article

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BRIEF-Twin Disc Inc reports Q3 loss per share $0.16

* Twin Disc Inc announces fiscal 2017 third quarter financial results