secwatch.observer — SEC 8-K summary
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Issuer:     MANITOWOC CO INC (MTW)
CIK:        0000061986
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-119095
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Manitowoc Q3 net loss $7.0M ($0.20/sh); orders -20% to $424.7M; FY EBITDA guided low
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- Net loss of $7.0M ($0.20 diluted loss); adjusted net loss $2.9M ($0.08).
- Orders of $424.7M, down 20% YoY; backlog $742.1M.
- Net sales flat at $524.8M; adjusted EBITDA $26.2M, down 21.3% YoY.
- Non-new machine sales trailing 12 months reached $617.5M, a record high.
- Full-year adjusted EBITDA expected at low end of prior guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61986/000095017024119095/0000950170-24-119095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61986/000095017024119095/mtw-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-119095

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