Twin Disc (TWIN), a maker of power transmission gear for transportation systems, gains 22.2%...

|About: Twin Disc, Incorporated (TWIN)|By:, SA News Editor

Twin Disc (TWIN), a maker of power transmission gear for transportation systems, gains 22.2% after reporting FQ1 revenue of $81.3M (+32% Y/Y) and EPS of $0.83, beating Street estimates by $2.4M and $0.38. Gross margin increased 520 bps Y/Y to 37.8%, and the company's 6-month backlog grew 12% Q/Q, to $164.5M.