---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057505"
form_type: "8-K"
ticker: "MTW"
cik: "0000061986"
company_name: "MANITOWOC CO INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:30:22.369632+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Manitowoc Q3 net sales up 14.6% to $520.9M; guides FY23 EBITDA $160-180M; authorizes $35M buyback

## Summary
- Net sales $520.9M (up 14.6% YoY); net income $10.4M ($0.29 diluted EPS).
- Adjusted EBITDA $33.3M (6.4% margin); adjusted net income $8.0M ($0.22 EPS).
- Orders $531.2M (up 12.5% YoY); backlog $1.03B flat vs June 30.
- Full-year 2023 guidance: net sales $2.175-2.225B; adjusted EBITDA $160-180M.
- Board authorized $35M share repurchase program, no expiration.

## SEC filing metadata
- accession: 0000950170-23-057505
- form_type: 8-K
- ticker: MTW
- cik: 0000061986
- company_name: MANITOWOC CO INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/61986/000095017023057505/0000950170-23-057505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61986/000095017023057505/mtw-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057505
- JSON: https://secwatch.observer/filing/0000950170-23-057505.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057505.txt

## Key facts
- Earnings Releases
  MANITOWOC CO INC reported full year 2023 results: revenue $2.175 billion to $2.225 billion. Guidance reaffirmed.
  - Period: full year 2023
  - Revenue: $2.175 billion to $2.225 billion
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Updated Full-Year 2023 Guidance: • Net sales - $2.175 billion to $2.225 billion • Adjusted EBITDA - $160 million to $180 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/61986/000095017023057505/0000950170-23-057505-index.htm
- Earnings Releases
  MANITOWOC CO INC reported three and nine months ended September 30, 2023 results: revenue $520.9 million, net income $10.4 million, or $0.29 per diluted share, EPS $0.29 per diluted share. Guidance reaffirmed.
  - Period: three and nine months ended September 30, 2023
  - Revenue: $520.9 million
  - Net income: $10.4 million, or $0.29 per diluted share
  - EPS: $0.29 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Reports Third-Quarter 2023 Financial Results; Updates Full-Year 2023 Guidance; Announces $35 million Share Repurchase Program Third-Quarter 2023 Highlights • Net sales of $520.9 million, up 14.6% year-over-year • Net income of $10.4 million, an increase of $8.1 million year-over-year • Adjusted EBITDA (1) of $33.3 million, margin percentage of 6.4% • Non-new
  evidence_url: https://www.sec.gov/Archives/edgar/data/61986/000095017023057505/0000950170-23-057505-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.