Earnings Call Summary | Twin Disc(TWIN.US) Q3 2024 Earnings Conference
Earnings Call Summary | Twin Disc(TWIN.US) Q3 2024 Earnings Conference
The following is a summary of the Twin Disc, Incorporated (TWIN) Q3 2024 Earnings Call Transcript:
以下是 Twin Disc, Incorporated (TWIN) 2024年第三季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Twin Disc reported Q3 2024 sales of $74.2 million, up 0.5% from the corresponding period last year.
Net income reached $3.8 million, or $0.27 per share, reflecting an increase from $3.3 million or $0.24 per share in Q3 2023.
Gross Profit margin increased by 8.7%, reaching 28.2% from 26.1% last year.
Debt was significantly reduced to negative $6.8 million, and a cash balance of $23.8 million was attained at the end of the quarter.
Twin Disc報告稱,2024年第三季度的銷售額爲7,420萬美元,比去年同期增長0.5%。
淨收入達到380萬美元,合每股收益0.27美元,較2023年第三季度的330萬美元或每股0.24美元有所增加。
毛利率從去年的26.1%增長了8.7%,達到28.2%。
債務大幅減少至負680萬美元,本季度末現金餘額爲2380萬美元。
Business Progress:
業務進展:
Twin Disc is set to acquire Katsa Oy to expand its global footprint and facilitate cross-selling across different markets.
The company saw mixed sales performances across sectors - marine and propulsion systems saw a 3% increase, while sales for both land-based transmissions and industrial sales declined by 3% and 15% respectively.
A rising demand, particularly for workboat marine transmissions, was seen in the Asia-Pacific region, auguring well for the company on a global scale.
Twin Disc also plans to invest and explore growth opportunities across sectors like marine technology, industrial, hybrid, and electric sectors while bolstering its R&D efforts to expand into different geographic markets.
Twin Disc將收購Katsa Oy,以擴大其全球足跡並促進不同市場的交叉銷售。
該公司各行各業的銷售表現喜憂參半——船舶和推進系統增長了3%,而陸基變速箱和工業銷售的銷售額分別下降了3%和15%。
亞太地區的需求不斷增長,尤其是對工作船海上變速箱的需求,這對該公司在全球範圍內來說是個好兆頭。
Twin Disc還計劃投資和探索海洋技術、工業、混合動力和電力等領域的增長機會,同時加強其研發工作,向不同的地域市場擴張。
More details: Twin Disc IR
更多詳情: 雙盤紅外
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提示:本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。