{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-015504","form_type":"8-K","ticker":"MTW","cik":"0000061986","company_name":"MANITOWOC CO INC","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.663184+00:00","generated_at":"2026-06-06T01:39:53.989985+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Manitowoc Q4 net loss $0.23/sh, adj EPS $0.09; 2024 adj EBITDA guidance $150M-$180M","bullets":["Q4 net sales $595.8M, down 4.2% YoY; net loss $7.9M ($0.23/sh); adj net income $3.4M ($0.09/sh).","Q4 adj EBITDA $36.5M, down 29.1% YoY; orders $475.7M, down 32.8% YoY.","Full-year 2023 net sales $2,227.8M (+9.6% YoY); adj EPS $1.52 vs $1.06 prior year.","FY 2024 guidance: Adj EBITDA $150M-$180M, adj EPS $0.95-$1.55, free cash flow $30M-$60M.","CEO says European tower crane market expected to remain challenging in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-015504","json":"https://secwatch.observer/filing/0000950170-24-015504.json","markdown":"https://secwatch.observer/filing/0000950170-24-015504.md","text":"https://secwatch.observer/filing/0000950170-24-015504.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/61986/000095017024015504/0000950170-24-015504-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/61986/000095017024015504/mtw-20240214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:39:53.989985+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":"9db7bd31ff3e0921088c31f42de42c79554d4367","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/61986/000095017024015504/0000950170-24-015504-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year-ended December 31, 2023"},{"label":"Revenue","value":"$595.8 million"},{"label":"Net income","value":"net loss of $7.9 million, or $0.23 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e5bfdda462327b4e9332052d3fbeedef12705106","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/61986/000095017024015504/0000950170-24-015504-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-year 2023"},{"label":"Revenue","value":"$2,227.8 million"},{"label":"Net income","value":"adjusted net income (1) was $54.5 million, or $1.52 per diluted share"},{"label":"Guidance","value":"initiated"},{"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"}