Twin Disc reports Q3 EPS (11c) vs. 27c last year

Reports Q3 revenue $81.2M vs. $74.2M last year. “Our third quarter results reflect another solid performance, with sequential margin improvement and strong momentum exiting the quarter. Strength across our core marine propulsion markets, particularly in North America and Europe, supported results, while order activity for Veth remained robust, continuing to be driven by demand in the luxury yacht and riverboat vessels. Though the global macro environment remains uncertain, our diversified geographic footprint and mission-critical portfolio continue to provide resiliency. Our six-month backlog grew meaningfully sequentially, supported by sustained order activity across key markets along with the addition of Kobelt,” commented John H. Batten, President and Chief Executive Officer of Twin Disc (TWIN). “We remain focused on executing our long-term strategy, including integrating recent acquisitions, driving operational efficiencies, and positioning Twin Disc as a leader in hybrid and electric marine solutions. Our ability to adapt to changing trade dynamics, supported by a flexible global supply chain and manufacturing network, enhances our confidence in delivering long-term value,” concluded Mr. Batten.