secwatch.observer — SEC 8-K summary
======================================

Issuer:     Manitex International, Inc. (—)
CIK:        0001302028
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001193125-24-127916
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Manitex Q1 revenue $73.3M (+8.1% YoY); adj. EBITDA margin 11.4% (+218 bps)
--------------------------------------------------------------------------

- Net revenue $73.3M (+8.1%); gross profit $16.9M (+17.2%); gross margin 23.0%.
- Adjusted EBITDA $8.4M (+33.5%); margin 11.4% vs 9.3% a year ago.
- Net income $2.3M ($0.11 diluted EPS); adjusted EPS $0.17.
- Backlog $154.2M; net debt/adjusted EBITDA 2.7x, down from 2.9x Q4 2023.
- Reiterated FY2024 guidance: revenue $300-$310M, adj. EBITDA $30-$34M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1302028/000119312524127916/0001193125-24-127916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1302028/000119312524127916/d806015d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-127916

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