Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MANITOWOC CO INC reported fourth quarter and year-ended December 31, 2023 results: revenue $595.8 million, net income net loss of $7.9 million, or $0.23 per diluted share. Guidance initiated.
- Period
- fourth quarter and year-ended December 31, 2023
- Revenue
- $595.8 million
- Net income
- net loss of $7.9 million, or $0.23 per diluted share
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Exhibit 99.1 The Manitowoc Company Reports Fourth-Quarter and Full-Year 2023 Financial Results and Full-Year 2024 Guidance Fourth-Quarter 2023 Highlights • Net sales of $595.8 million • Adjusted EBITDA (1) of $36.5 million, margin percentage of 6.1% • Net cash provided by operating activities of $39.8 million, free cash flows (1) of $22.3 million Full-Year
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MANITOWOC CO INC reported Full-year 2023 results: revenue $2,227.8 million, net income adjusted net income (1) was $54.5 million, or $1.52 per diluted share. Guidance initiated.
- Period
- Full-year 2023
- Revenue
- $2,227.8 million
- Net income
- adjusted net income (1) was $54.5 million, or $1.52 per diluted share
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Full-year 2023 net sales increased 9.6% year-over-year to $2,227.8 million and were favorably impacted by $15.5 million from changes in foreign currency exchange rates. Full-year 2023 adjusted net income (1) was $54.5 million, or $1.52 per diluted share, an increase of $16.7 million or $0.46 per diluted share from the prior year.
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