Twin Disc Stock Is Up Again: The $179.5 Million Number Traders Are Watching
Twin Disc shares climbed to $17.36 Wednesday, up 1.8%, extending gains after reporting a record $179.5 million backlog and improved margins. Fiscal third-quarter sales rose 19% to $96.7 million, with net income at $3.3 million after a loss last year. No new filings were posted; trading followed known earnings. Volume was about 31,400 shares, with a market value near $250 million.