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 Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 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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Manitex is gaining exposure to the higher-margin rental equipment business, which could provide decent profitability gains and recurring revenue streams throughout the cycle. Manitex delivered resilient top-line growth and strong profitability numbers during Q1 2023. I am more bullish on MNTX stock and believe that EBITDA margin run-levels above 10% could serve as a clear indication that the current valuation has upside potential.

Manitex International: Reweighting To Higher-Margin Exposure

Manitex International, Inc. (NASDAQ:MNTX ) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Paul Bartolai - Investor Relations Michael Coffey - Chief Executive Officer Joseph Doolan - Chief Financial Officer Conference Call Participants Michael Zabran - ROTH MKM Partners Operator Good morning, ladies and gentlemen, and welcome to the Manitex First Quarter 2023 Results Conference Call. [Operator Instructions] This call is being recorded on Thursday, May 4, 2023.

Manitex International, Inc. (MNTX) Q1 2023 Earnings Call Transcript

Manitex (MNTX) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.05 per share a year ago.

Manitex (MNTX) Q1 Earnings and Revenues Top Estimates

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX #MNTX--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, 2023. FIRST QUARTER 2023 RESULTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $67.9 million, +12.3% Gross pro.

Manitex International Reports First Quarter 2023 Results

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX #MNTX1Q23--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 2023 results before the market opens on Thursday, May 4, 2023. 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 2023 Results Conference Call and Webcast Date

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX #85ton--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 launch of the all new TC850 Series truck-mounted crane in conjunction with opening day of CONEXPO-Las Vegas.

Manitex International Announces Launch of the TC850 Series Truck-Mounted Crane

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX #electriccrane--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 launch of the ECSY-Electric Crane System in conjunction with opening day of CONEXPO-Las Vegas.

Manitex International Announces Launch of the ECSY-Electric Crane System

Manitex International, Inc. (NASDAQ:MNTX ) Q4 2022 Earnings Conference Call March 8, 2023 9:00 AM ET Company Participants Paul Bartolai - Investor Relations Michael Coffey - Chief Executive Officer Joseph Doolan - Chief Financial Officer Conference Call Participants Matt Koranda - ROTH MKM Operator Greetings. Welcome to Manitex International Inc. Fourth Quarter and Full Year 2022 Results Conference Call.

Manitex International, Inc. (MNTX) Q4 2022 Earnings Call Transcript

Manitex (MNTX) delivered earnings and revenue surprises of 42.86% and 0.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Manitex (MNTX) Beats Q4 Earnings and Revenue Estimates

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX--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 and full-year ended December 31, 2022. FOURTH QUARTER 2022 RESULTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $78.

Manitex International Reports Fourth Quarter and Full-Year 2022 Results

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX #manitex--Manitex International, Inc.

Manitex International to Attend the 35th Annual Roth Conference

Manitex (MNTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Manitex (MNTX) Earnings Expected to Grow: Should You Buy?

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX #branding--Manitex International (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions serving the infrastructure and construction markets, today announced the consolidation and refreshing of its branding across its global product portfolio.

Manitex International Announces New Global Branding

BRIDGEVIEW, Ill.--(BUSINESS WIRE)---- $MNTX #manitex--Manitex International (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions serving the infrastructure and construction markets, today announced the appointment of Paolo Balugani to General Manager of Manitex Valla, the Company's electric crane division.

Manitex International Names Industry Veteran to Lead Electric Crane Division

Manitex delivered improved performance in Q3 underpinned by optimization measures. The company is well positioned to drive strong top-line performance and capitalize on infrastructure bill.

Manitex International: Upside Hidden In Plain Sight

Manitex (MNTX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Manitex (MNTX) Surges 9.7%: Is This an Indication of Further Gains?

Manitex International Releases Preliminary Net Revenue and Backlog for Fourth Quarter 2022 and Announces Fourth Quarter 2022 Earnings Call Date

BRIDGEVIEW, Ill.--( BUSINESS WIRE )--Manitex International (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions serving the infrastructure and construction markets, today announced that it has appointed Takashi Kiso to its Board of Directors, effective immediately.

Manitex International Announces Key Changes to the Board of Directors

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Manitex (MNTX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Manitex (MNTX) Gain on Rising Earnings Estimates?

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Continued demand for durable goods is driving orders, helping stocks like Hubbell Incorporated (HUBB), Applied Industrial Technologies (AIT), IDEX Corporation (IEX) and Manitex International (MNTX).

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Manitex International, Inc. (NASDAQ:MNTX ) Q3 2022 Earnings Conference Call November 3, 2022 4:30 PM ET Company Participants Michael Coffey - CEO Joseph Doolan - EVP and CFO Conference Call Participants Michael Zabran - ROTH Capital Operator Greetings, and welcome to the Manitex International, Inc. Third Quarter 2022 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Manitex International, Inc. (MNTX) Q3 2022 Earnings Call Transcript

Manitex (MNTX) delivered earnings and revenue surprises of 171.43% and 5.24%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Manitex (MNTX) Beats Q3 Earnings and Revenue Estimates

BRIDGEVIEW, IL / ACCESSWIRE / November 3, 2022 / Manitex International, Inc. (Nasdaq:MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions, today announced results for the third quarter of 2022. Q3 Financial Highlights* : Net revenues increased 27.7% to $65.0 million, compared to $50.9 million in the third quarter of 2021; Gross margin for the third quarter was 19.0%, compared to 15.8% in the third quarter of 2021 and 17.8% in the second quarter of 2022; Net loss was $3.1 million, or $(0.15) per diluted share; Adjusted net income* for the third quarter of 2022 was $1.0 million or $0.05 per share, compared to a loss of $(0.2) million or ($0.01) per share in last year's same quarter; Adjusted EBITDA* increased to $5.2 million, or 8.0% of net sales; Reported backlog of $207 million as of September 30, 2022, represents growth of 82.3% compared to September 30, 2021; Quarter-end net debt was $85.6 million and the Company had $32 million in liquidity as of 9/30/2022.

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