secwatch.observer — SEC 8-K summary
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Issuer:     MANITOWOC CO INC (MTW)
CIK:        0000061986
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000950170-24-054535
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Manitowoc Q1 sales $495M (-2.6%), adj EPS $0.14; orders up 5.6%
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- Net sales $495.1M, down 2.6% YoY; diluted EPS $0.12, adj EPS $0.14.
- Adjusted EBITDA $31.3M, down 30.6% YoY; margin 6.3%.
- Orders $554.1M, up 5.6% YoY; backlog $971.3M.
- CEO: Q1 performance in line; focus on reducing inventory and generating free cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61986/000095017024054535/0000950170-24-054535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61986/000095017024054535/mtw-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-054535

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer