{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-039107","form_type":"8-K","ticker":"MTW","cik":"0000061986","company_name":"MANITOWOC CO INC","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.402218+00:00","generated_at":"2026-06-12T05:08:38.936121+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Manitowoc Q2 revenue up 21% to $603M; raises FY2023 adjusted EBITDA guidance to $150-180M","bullets":["Net sales $602.8M (+21.2% YoY); adjusted EBITDA $60.4M (10.0% margin), up 65.9% YoY.","Net income $20.2M ($0.57 diluted EPS); adjusted net income $26.6M ($0.75 diluted EPS).","Orders $550.5M (+26.8% YoY); backlog $1,024.6M at June 30, 2023.","Non-new machine sales $150.4M, up 8.1% YoY, contributing to CRANES+50 strategy.","Raised FY2023 guidance: net sales $2.1-2.2B; adj. EBITDA $150-180M; adj. diluted EPS $1.10-1.70."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-039107","json":"https://secwatch.observer/filing/0000950170-23-039107.json","markdown":"https://secwatch.observer/filing/0000950170-23-039107.md","text":"https://secwatch.observer/filing/0000950170-23-039107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/61986/000095017023039107/0000950170-23-039107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/61986/000095017023039107/mtw-20230807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T05:08:38.936121+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"33f0e2d095ade200c442127aeda851f7df8829a7","claim":"MANITOWOC CO INC reported Full Year 2023 results: revenue $2.1 billion to $2.2 billion, EPS $1.10 to $1.70. Guidance raised.","evidence_excerpt":"Updated Full-Year 2023 Guidance: • Net sales - $2.1 billion to $2.2 billion • Adjusted EBITDA - $150 million to $180 million • Depreciation and amortization - $58 million to $62 million • Interest expense - $33 million to $35 million • Provision for income taxes, excluding discrete items - $16 million to $20 million • Adjusted diluted earnings per share - $1.10 to $1.70","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/61986/000095017023039107/0000950170-23-039107-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2023"},{"label":"Revenue","value":"$2.1 billion to $2.2 billion"},{"label":"EPS","value":"$1.10 to $1.70"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"adf6f2b0e7bd47df24e3a5742d8d17cb44959e35","claim":"MANITOWOC CO INC reported Second Quarter 2023 results: revenue $602.8 million, net income $20.2 million, EPS $0.57 per diluted share.","evidence_excerpt":"MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported second-quarter net income of $20.2 million, or $0.57 per diluted share. Second-quarter adjusted net income (1) was $26.6 million, or $0.75 per diluted share. Net sales increased 21.2% year-over-year to $602.8 million and were favorably impacted by $3.1 million from changes in foreign currency exchange rates. Adjusted EBITDA (1) was $60.4 million, an increase of $24.0 million or 65.9% from the prior year. Orders were $550.5 million, a 26.8% increase from the prior year. Orders were favorably impacted by $4.0 million from changes in foreign currency exchange rates. Backlog decreased $51.1 million to $1,024.6 million as of June 30, 2023 from $1,075.7 million as of March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/61986/000095017023039107/0000950170-23-039107-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Second Quarter 2023"},{"label":"Revenue","value":"$602.8 million"},{"label":"Net income","value":"$20.2 million"},{"label":"EPS","value":"$0.57 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}