Advertisement
Singapore markets close in 5 hours 44 minutes

  • Straits Times Index

    3,275.61
    -12.14 (-0.37%)
     

  • Nikkei

    37,780.35
    +151.87 (+0.40%)
     

  • Hang Seng

    17,591.06
    +306.52 (+1.77%)
     

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • Bitcoin USD

    64,418.70
    +251.84 (+0.39%)
     

  • CMC Crypto 200

    1,392.71
    +10.13 (+0.73%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,346.40
    +3.90 (+0.17%)
     

  • Crude Oil

    83.84
    +0.27 (+0.32%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,573.34
    +4.09 (+0.26%)
     

  • Jakarta Composite Index

    7,115.96
    -39.33 (-0.55%)
     

  • PSE Index

    6,550.88
    -24.00 (-0.36%)
     

Twin Disc: Fiscal 4Q Earnings Snapshot

Associated Press
Updated ·1-min read

RACINE, Wis. (AP) _ Twin Disc Inc. (TWIN) on Friday reported a loss of $1.8 million in its fiscal fourth quarter.

On a per-share basis, the Racine, Wisconsin-based company said it had a loss of 13 cents. Losses, adjusted for restructuring costs, were 12 cents per share.

The power transmission equipment maker posted revenue of $59.4 million in the period.

For the year, the company reported a loss of $39.8 million, or $3.03 per share, swinging to a loss in the period. Revenue was reported as $246.8 million.

Twin Disc shares have decreased 47% since the beginning of the year. The stock has decreased 48% 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