Manitex

Manitex International, Inc. engages in the provision of engineered lifting solutions. It operates through the following operating units: Manitex, Badger, PM Group, Valla, and C&M. The firm products include cranes and machinery. The company was founded in 1993 and is headquartered in Bridgeview, IL.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Manitex reports stellar Q4 results, eyes sustained growth momentum

Manitex's Q4 2022 performance reflects a resilient and growth-oriented strategy, underpinned by strong revenue growth, margin expansion, and operational improvements.
The company's focus on innovation, market expansion, and financial discipline bodes well for future growth prospects and value creation for stakeholders.
While challenges persist in maintaining growth momentum and managing costs, Manitex's strategic initiatives and market opportunities position it favorably for sustainable success.

Manitex International surpasses Q1 expectations, targets strong growth ahead

Manitex International delivered a strong Q1 2023 performance with revenue and EBITDA exceeding expectations, driven by strong demand and margin expansion.
The company showcased operational strength with significant margin improvements, backlog growth, and successful commercial growth strategies.
While facing challenges in maintaining margins and meeting targets, Manitex International has opportunities for growth through product innovation, market expansion, and efficiency enhancements.
With a clear strategic focus on Elevating Excellence 2025, the company aims for continued growth, margin expansion, and operational excellence in the coming years.

Manitex reports strong Q2 earnings, eyes growth through Elevating Excellence

Manitex International delivered solid Q2 results with revenue and EBITDA growth, driven by lifting equipment business expansion and strategic initiatives. The company's focus on Elevating Excellence and strong backlog position it for continued growth, despite market challenges. Manitex aims for low double-digit EBITDA growth in 2023, leveraging new orders and margin improvements.

Manitex reports robust Q3 performance amidst supply chain concerns

Manitex International, Inc. delivered a strong Q3 performance with notable revenue and margin improvements, despite facing challenges from supply chain disruptions.
The company's focus on operational efficiency and cost management, along with a raised full-year outlook, positions Manitex for continued growth and financial strength.
While concerns over supply chain disruptions persist, Manitex's strategic strengths and growth opportunities in key segments signal a positive outlook for the future.

Manitex (MNTX) reports strong Q4 earnings, eyes growth opportunities

Manitex International's Q4 '23 showcased robust financial performance with margin expansion and revenue growth.
The company's strategic focus on higher-margin products and geographies is enhancing its backlog value mix.
Despite pricing challenges, Manitex remains cautiously optimistic about its performance in 2024.
Management's disciplined approach to capital allocation and operational improvements is driving efficiency.

Manitex reports robust Q1 earnings, eyes infrastructure projects for growth

Manitex International's Q1 2024 earnings call highlighted strong financial performance, with revenue growth, EBITDA increase, and margin expansion. The company's focus on driving adoption of PM Group products, improving operational efficiencies, and cautious guidance adjustments reflect a proactive approach to navigating market challenges and capitalizing on opportunities.

Manitex International reports margin expansion and rental segment growth in Q2 2024

Manitex International's Q2 2024 performance showcased margin expansion, strong rental segment growth, and operational improvements. Despite challenges from macroeconomic uncertainties and interest rate impacts, the company remains focused on growth initiatives and customer satisfaction. Opportunities for growth exist through dealer partnerships, product innovation, and rental segment expansions.

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NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates OB and MNTX on Behalf of Shareholders

Rafael Hlds

NEW YORK, NY / ACCESSWIRE / October 2, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Manitex International, Inc. (NASDAQ:MNTX)'s sale to Tadano Ltd. for $5.80 per share in cash.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNTX and RFL on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / September 19, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Manitex International, Inc. (NASDAQ:MNTX) , relating to its proposed merger with Tadano Ltd.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Manitex International, Inc. – MNTX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Manitex International, Inc. (NasdaqCM: MNTX) to Tadano Ltd. Under the terms of the proposed transaction, shareholders of Manitex will receive $5.80 in cash for each share of Manitex that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the.

MANITEX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Manitex International, Inc. - MNTX

Leading provider of mobile truck cranes, aerial work platforms, specialized lifting solutions, and construction equipment rentals CLEVELAND , Sept. 12, 2024 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce that Manitex International, Inc. (NASDAQ: MNTX) (Manitex) has signed a definitive agreement to be acquired by Tadano Ltd.

BGL Announces Manitex International Reaches Definitive Agreement to be Acquired by Tadano Ltd.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Manitex International, Inc. (NASDAQ: MNTX) to Tadano Ltd. for $5.80 per share in cash is fair to Manitex shareholders. Halper Sadeh encourages Manitex shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Manitex and.

MNTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Manitex International, Inc. Is Fair to Shareholders

SOUTH SALT LAKE, Utah--(BUSINESS WIRE)--Torus Inc., a Utah-based leader in energy storage and energy management, today announced it has been approved for a $1.94 million post-performance tax credit from the Utah Governor's Office of Economic Opportunity (GOEO). This Economic Development Tax Increment Financing (EDTIF) incentive underscores Torus' commitment to economic growth and job creation in Utah. Key Highlights: Company commits to creating 172 new high-paying jobs in Salt Lake County Avera.

Torus to Create 172 High-Paying Jobs in Utah, Boosting Local Economy

MILWAUKEE , Sept. 12, 2024 /PRNewswire/ -- Ademi LLP is investigating Manitex (Nasdaq: MNTX) for possible breaches of fiduciary duty and other violations of law in its transaction with Tadano.

Shareholder Alert: Ademi LLP investigates whether Manitex International, Inc. has obtained a Fair Price for its Public Shareholders

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX) (“Manitex” or the “Company”), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced that it has entered into a definitive agreement to be acquired by Tadano Ltd. (“Tadano”) in an all-cash transaction at an equity value of $123 million and total transaction value of $223 million, includi.

Manitex International Enters Into Definitive Agreement to Be Acquired by Tadano for $5.80 Per Share

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced a dealership agreement with First Fleet Truck Sales (“First Fleet”). As one of the largest truck crane upfitters in Florida, First Fleet's team will be certified to sell and support PM Group knuckle boom.

Manitex International Signs Dealership Agreement With First Fleet Truck Sales in Support of Its North American PM Crane Sales Expansion

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced a North American dealership agreement with Bruckner's Truck & Equipment (“Bruckner's”). Bruckner's will sell and support the full line of Manitex equipment solutions in selected markets through their network of 40 support center.

Manitex International Signs Dealership Agreement With Bruckner's Truck & Equipment in Support of Its North American PM Crane Sales Expansion

Manitex International, Inc. (NASDAQ:MNTX ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Paul Bartolai - Vallum Advisors Michael Coffey - CEO Joseph Doolan - CFO Conference Call Participants Ted Jackson - Northland Securities Operator Good morning, ladies and gentlemen, and welcome to the Manitex International Second Quarter 2024 Results Conference Call. At this time, all lines are in listen-only mode [ph] and following the presentation, we will conduct a question-and-answer session.

Manitex International, Inc. (MNTX) Q2 2024 Earnings Call Transcript

Manitex (MNTX) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.08 per share a year ago.

Manitex (MNTX) Tops Q2 Earnings and Revenue Estimates

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today reported financial results for the three months ended June 30, 2024. SECOND QUARTER 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $76.2 million, +3.7% Gross prof.

Manitex International Reports Second Quarter 2024 Results

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced that it will release second quarter 2024 results before the market opens on Wednesday, August 7, 2024. A conference call will be held that same day at 9:00 a.m. ET to review the Company's financial resul.

Manitex International Announces Second Quarter 2024 Results Conference Call and Webcast Date

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced that Chief Executive Officer Michael Coffey and Chief Financial Officer Joseph Doolan will participate in the Northland Growth Conference, taking place virtually on Tuesday, June 25, 2024. In conjunction.

Manitex International to Participate in the Northland Growth Conference

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced that, effective June 17, 2024, Shinichi Iimura has resigned from the Company's Board of Directors. Mr. Iimura resigned for personal health reasons and not due to any disagreement with the Company on any.

Manitex International Announces New Board of Directors Appointment

Manitex has been executing its self-improvement plans and has shown progress in rebranding and building its core lifting businesses. The company's revenue rose 8% in Q1 2024, with growth in both the Lifting business and Rental operations, and adjusted EBITDA margins are back in the double-digits. The macro environment poses some challenges, especially in construction, but infrastructure, energy, and utility markets are supportive and self-improvement may have further room to run.

Manitex International Has Been Executing On Self-Improvement, But Macro Challenges Remain

Manitex International, Inc. (NASDAQ:MNTX ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Michael Coffey - Chief Executive Officer Joseph Doolan - Chief Financial Officer Paul Bartolai - Vallum Advisors Conference Call Participants Matt Koranda - Roth Operator Good morning, ladies and gentlemen, and welcome to the Manitex International First Quarter 2024 Results Conference Call. At this time all lines are in a listen-only mode.

Manitex International, Inc. (MNTX) Q1 2024 Earnings Call Transcript

Manitex (MNTX) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.07 per share a year ago.

Manitex (MNTX) Tops Q1 Earnings and Revenue Estimates

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today reported financial results for the three months ended March 31, 2024. FIRST QUARTER 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $73.3 million, +8.1% Gross prof.

Manitex International Reports First Quarter 2024 Results

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced that Chief Executive Officer Michael Coffey and Chief Financial Officer Joseph Doolan will participate in the Sidoti Micro-Cap Virtual Conference on Wednesday, May 8, 2024. In conjunction with the event,.

Manitex International to Participate in the Sidoti Micro-Cap Virtual Conference

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced that it will release first quarter 2024 results before the market opens on Thursday, May 2, 2024. A conference call will be held that same day at 9:00 a.m. ET to review the Company's financial results, d.

Manitex International Announces First Quarter 2024 Results Conference Call and Webcast Date

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced the first deliveries of the recently launched PM 70.5 SP articulated truck mounted crane. The new 70.5 SP articulated crane is the latest enhancement to PM Group's 65 series of articulated cranes with ap.

Manitex International Announces First Deliveries of New Articulated Truck Mounted Crane From PM Group

BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced that Chief Executive Officer Michael Coffey and Chief Financial Officer Joseph Doolan will attend the 36th Annual Roth Conference that will be held March 17-19, 2024 at The Ritz Carlton in Dana Point, Ca.

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