secwatch.observer — SEC 8-K summary
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Issuer:     MANITOWOC CO INC (MTW)
CIK:        0000061986
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0000950170-22-001547
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Manitowoc Q4 net loss $(0.10)/share; adj EPS $0.27; backlog tops $1B; FY2022 guidance issued
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- Q4 net sales $497.8M (+15.7% YoY); adjusted EBITDA $34.2M (6.9% of sales).
- Net loss $(3.6)M ($(0.10)/diluted share) includes $13.9M EPA legal charge; adjusted net income $9.4M ($0.27).
- Orders up 21% YoY to $615.2M; backlog $1,010.9M, highest in over 10 years (+86.1% YoY).
- Full-year 2021: net sales $1,720.2M; adj. EBITDA $116.0M (6.7%); adj. EPS $0.86.
- 2022 guidance: net sales ~$2.0-2.2B; adj. EBITDA $130-160M; adj. EPS $0.65-$1.35.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61986/000095017022001547/0000950170-22-001547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61986/000095017022001547/mtw-20220221.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-001547

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