MANITOWOC CO. overview

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported second-quarter net income of $20.2 million, or $0.57 per diluted share. Second-quarter adjusted net income (1) was $26.6 million, or $0.75 per diluted share. Net sales increased 21.2% year-over-year to $602.8 million and were favorably impacted by $3.1 million from changes in foreign currency exchange rates. Adjusted EBITDA (1) was $60.4 million, an increase of $24.0 million or 65.9% from the prior...

The Company Continues Its Growth to Eliminate Preventable Injuries and Deaths in the Construction and Military Industries BROOMFIELD, CO / ACCESSWIRE / July 27, 2023 / Vita Inclinata , a leading provider of intelligent lifting technology for industrial construction and aerospace industries, is thrilled to announce the addition of two highly experienced and respected professionals to its Board of Directors. The appointment of Ken Sunshine and Dave Antoniuk brings a wealth of industry expertise...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its second-quarter 2023 results on Monday, August 7, 2023, after the close of market. The Company will host a conference call to discuss its results and outlook on Tuesday, August 8, 2023, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” section. A replay of the conference call will also be available...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that Executive Vice President and Chief Financial Officer, Brian P. Regan, and Senior Vice President Marketing and Investor Relations, Ion Warner, will present and host 1x1 investor meetings at the virtual East Coast IDEAS Conference on Thursday, June 22, 2023. Manitowoc’s presentation is scheduled to be available at 6:00 a.m. ET on June 21 and will be accessible through the conference website at www.IDEASconferences.com , and the Events...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that its management will participate in a fireside chat at two upcoming investor conferences: Stifel Cross Sector Insight Conference on Wednesday, June 7, 2023, at 3:35 p.m. ET (2:35 p.m. CT) Wells Fargo Industrials Conference on Thursday, June 15, 2023, at 9:00 a.m. ET (8:00 a.m. CT) The presentations will be available by webcast on The Manitowoc Company website at http://ir.manitowoc.com in the “Events & Presentations” section. A...

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported net income of $16.5 million, or $0.46 per diluted share. Net sales increased 10.7% year-over-year to $508.3 million and were unfavorably impacted by $11.2 million from changes in foreign currency exchange rates. Adjusted EBITDA (1) was $45.1 million, an increase of $13.9 million or 44.6% from the prior year. Orders were $524.8 million, a 9% increase from the prior year. Orders were unfavorably impacted...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its first-quarter 2023 results on Tuesday, May 2, 2023, after the close of market. The Company will host a conference call to discuss its results and outlook on Wednesday, May 3, 2023, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” section. A replay of the conference call will also be available at...

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported a fourth-quarter net loss of $144.1 million, or $(4.10) per diluted share, which included non-cash asset impairment charges of $171.9 million. Fourth-quarter adjusted net income (1) was $26.0 million or $0.74 per diluted share, an increase of $16.6 million or $0.48 per diluted share from the prior year. Net sales in the fourth quarter increased 24.9% year-over-year to $621.6 million and were unfavorably...