TWIN DISC INC

For the period ended Nov 6, 2024. Filed Nov 6, 2024.

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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

Nov 6, 2024 · Filed Nov 6, 2024

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TWIN$22.85-0.5%Stored close · as of Nov 6, 2026

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EX-99.1 · CFO Perspective

CFO Perspective

Jeffrey S. Knutson, Vice President of Finance, Chief Financial Officer, Treasurer and Secretary stated, "Our team has maintained its focus on capturing demand to deliver sales growth in the quarter. We saw a near-term impact to operating cash generation, largely due to a combination of increased inventories and a shift in order timing by certain customers. Moving ahead, we are well-positioned to deliver improved free cash flow, strengthening the balance sheet as we strive to meet our updated financial targets."

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