MANITOWOC CO INC reported first-quarter 2026 results: revenue $494.6 million, net income net loss of $6.0 million, or $(0.17) per diluted share, EPS $(0.17) per diluted share. Guidance reaffirmed.
“Results; Maintains Full Year 2026 Guidance First-Quarter 2026 Highlights • Orders of $645.7 million, up 5.8% year-over-year. Ending backlog of $939.9 million • Net sales of $494.6 million, up 5.0% year-over-year • Non-new machine sales of $165.7 million, up 3.2% year-over-year • Net cash provided by operating activities of $27.4 million, free cash flows of $19.2”
Earnings Releases
MANITOWOC CO INC reported the three months ended March 31, 2024 results: revenue $495.1 million, net income $4.5 million, EPS $0.12 per diluted share.
“The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported first-quarter net income of $4.5 million, or $0.12 per diluted share. First-quarter adjusted net income (1) was $5.1 million, or $0.14 per diluted share. Net sales in the first quarter decreased 2.6% year-over-year to $495.1 million.”
Earnings Releases
MANITOWOC CO INC reported Full-year 2023 results: revenue $2,227.8 million, net income adjusted net income (1) was $54.5 million, or $1.52 per diluted share. Guidance initiated.
“Full-year 2023 net sales increased 9.6% year-over-year to $2,227.8 million and were favorably impacted by $15.5 million from changes in foreign currency exchange rates. Full-year 2023 adjusted net income (1) was $54.5 million, or $1.52 per diluted share, an increase of $16.7 million or $0.46 per diluted share from the prior year.”
Earnings Releases
MANITOWOC CO INC reported fourth quarter and year-ended December 31, 2023 results: revenue $595.8 million, net income net loss of $7.9 million, or $0.23 per diluted share. Guidance initiated.
“Exhibit 99.1 The Manitowoc Company Reports Fourth-Quarter and Full-Year 2023 Financial Results and Full-Year 2024 Guidance Fourth-Quarter 2023 Highlights • Net sales of $595.8 million • Adjusted EBITDA (1) of $36.5 million, margin percentage of 6.1% • Net cash provided by operating activities of $39.8 million, free cash flows (1) of $22.3 million Full-Year”
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