Overview

* Twin Disc ( TWIN ) Q4 sales rise 14.5% yr/yr to $96.7 mln, beating estimates

* Net income for Q4 at $1.4 mln, down from prior year

* EBITDA for Q4 decreases to $7.0 mln due to currency losses

Outlook

* Twin Disc ( TWIN ) enters new fiscal year with healthy backlog and strategic position

Result Drivers

* MARINE AND PROPULSION DEMAND - Robust defense-driven demand in Marine and Propulsion Systems led to sales growth, according to CEO John H. Batten

* INDUSTRIAL RECOVERY - Steady recovery and increased shipments in the Industrial segment contributed to sales growth

* OIL AND GAS CHALLENGES - Reduced shipments of oil and gas transmissions into China led to an 8.4% decline in organic revenue for Q4

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Sales Beat $96.70 $93.30

mln mln (1

Analyst)

Q4 EPS $0.1

Q4 Net $1.40

Income mln

Q4 $7 mln

EBITDA

Q4 $16.40

Operatin mln

g Cash

Flow

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)