Manitowoc Q2 revenue falls 4%, orders rise 6%; FY outlook cut to lower end

MANITOWOC CO INC

2025-Q2 EPS reported -$0.14 revenue$1,010,400,000

Net sales $539.5M (-4% YoY); net income $1.5M ($0.04 diluted EPS); adjusted EPS $0.08.
Orders $453.9M (+6% YoY); backlog $729.3M; non-new machine sales $161.6M (+9.7%).
Adjusted EBITDA $26.3M, down 26.9% YoY.
CEO cites tariff headwinds; adjusts build schedules, expects to finish at lower end of guidance range.

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