Twin Disc Sees Strong Sales Despite Net Loss

An announcement from Twin Disc ( (TWIN) ) is now available.

Twin Disc, Inc. saw a 14.7% rise in first-quarter sales to $72.9 million, fueled by the acquisition of Katsa Oy and robust demand in Marine and Propulsion segments. Despite a net loss of $2.8 million, the company reports a strong backlog and remains optimistic about fiscal 2025, driven by strategic inventory management and regional sales growth, particularly in Europe and Latin America.

Learn more about TWIN stock on TipRanks’ Stock Analysis page.