---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-092935"
form_type: "8-K"
ticker: "MTW"
cik: "0000061986"
company_name: "MANITOWOC CO INC"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:56:40.163730+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Manitowoc Q2 net sales down 6.8% YoY; cuts full-year guidance

## Summary
- Q2 net sales $562.1M (-6.8% YoY); net income $1.6M ($0.04 EPS); adjusted net income $8.8M ($0.25 adjusted EPS).
- Adjusted EBITDA $36.0M, down 40.4% YoY; orders $428.4M (-22.2% YoY); backlog $836.3M.
- Full-year 2024 guidance lowered: sales $2.175B-$2.225B, adjusted EBITDA $125M-$140M, adjusted EPS $0.45-$0.90.
- CEO cites operational issues, sluggish mobile crane orders in Europe/North America, and European tower crane headwinds.
- Non-new machine sales via CRANES+50 up 34%, expanding higher-margin recurring revenue streams.

## SEC filing metadata
- accession: 0000950170-24-092935
- form_type: 8-K
- ticker: MTW
- cik: 0000061986
- company_name: MANITOWOC CO INC
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/61986/000095017024092935/0000950170-24-092935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61986/000095017024092935/mtw-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-092935
- JSON: https://secwatch.observer/filing/0000950170-24-092935.json
- Plain text: https://secwatch.observer/filing/0000950170-24-092935.txt

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