secwatch.observer — SEC 8-K summary
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Issuer:     MANITOWOC CO INC (MTW)
CIK:        0000061986
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0000950170-21-002824
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Manitowoc Q3 net sales $404.5M (+13.8% YoY); net loss $0.2M, adjusted EPS $0.06; FY guidance updated
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- Q3 net sales $404.5M (up 13.8% YoY); orders $535.2M (+37.3%).
- Net loss $(0.2)M or $(0.01)/share; adjusted net income $2.2M ($0.06/share).
- Adjusted EBITDA $20.0M, down $4.8M YoY due to inflation and supply chain issues.
- Backlog $890.6M (+91.6% YoY); acquired H&E crane business and Aspen Equipment.
- FY2021 guidance: revenue ~$1.725-1.775B, adjusted EBITDA ~$100-110M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61986/000095017021002824/0000950170-21-002824-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61986/000095017021002824/mtw-20211103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-002824

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer