AP NEWS
Click to copy
Click to copy

Twin Disc: Fiscal 4Q Earnings Snapshot

August 9, 2019

RACINE, Wis. (AP) _ Twin Disc Inc. (TWIN) on Friday reported fiscal fourth-quarter earnings of $822,000.

On a per-share basis, the Racine, Wisconsin-based company said it had net income of 6 cents.

The power transmission equipment maker posted revenue of $72.4 million in the period.

For the year, the company reported profit of $10.7 million, or 83 cents per share. Revenue was reported as $302.7 million.

Twin Disc shares have dropped 17% since the beginning of the year. The stock has fallen 54% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWIN at https://www.zacks.com/ap/TWIN

All contents © copyright 2019 The Associated Press. All rights reserved.