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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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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.

Analysts Estimate Manitex (MNTX) to Report a Decline in Earnings: What to Look Out for

BRIDGEVIEW, IL / ACCESSWIRE / March 1, 2021 / Manitex International, Inc. (NASDAQ:MNTX) a leading international provider of cranes and specialized industrial equipment, today announced that management will participate in the 33rd Annual Roth Conference, which will be held virtually from March 15-17, 2021. Steve Filipov, CEO, and Joe Doolan, CFO, representing Manitex International will be available for one-on-one meetings throughout the duration of the conference, and attendees are encouraged to request a meeting on the Roth on-line conference platform, or contact their Roth representative.

Manitex International, Inc. Will Participate In Roth Virtual Growth Conference March 15-17, 2021

Fourth Quarter 2020 Payments Anticipated to Reduce Net Debt to Approximately $30 Million at December 31, 2020 BRIDGEVIEW, IL / ACCESSWIRE / January 6, 2021 / Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced the repayment in entirety of two convertible notes that were due in December 2020 and January 2021, totaling $15.5 million, which included all remaining principal and accrued interest, as well as the paydown of $2.0 million in European term debt associated with Manitex's subsidiary, PM Group, SpA. The paydowns were funded through $7.8 million in draws on the revolver and cash from the US.

Manitex International, Inc. Announces Repayment of $15.5 Million of Convertible Notes and Reduction of $2 Million in Term Debt

BRIDGEVIEW, IL / ACCESSWIRE / December 29, 2020 / Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced orders of approximately $2.0 million, for new articulated work platforms from two different customers in Europe, including Enel, a multinational power company and a leading integrated player in the global power, gas, and renewables markets. Deliveries are slated to begin in the first half of 2021.

Manitex International, Inc. Announces New PM/Oil & Steel Orders With Initial Value of Approximately $2.0 Million

Manitex International, Inc. (MNTX) CEO Steve Filipov on Q3 2020 Results - Earnings Call Transcript

Manitex saw a sharp decline in business in the second quarter, though other construction equipment companies fared even worse, and management commentary doesn't suggest a sharp turn in Q3.

In A Brutal Quarter, Manitex Held Up A Little Better

Manitex International, Inc. (MNTX) CEO Stoyan Filipov on Q2 2020 Results - Earnings Call Transcript

Covid-19 Complicates An Already-Challenging Manitex Turnaround Story

Manitex International, Inc. (MNTX) CEO Steve Filipov on Q1 2020 Results - Earnings Call Transcript

Manitex International, Inc. (MNTX) CEO Steve Filipov on Q4 2019 Results - Earnings Call Transcript

Earnings Preview: Manitex (MNTX) Q4 Earnings Expected to Decline

Manitex International's (MNTX) CEO Steve Filipov on Q3 2019 Results - Earnings Call Transcript

CEO of Manitex International Inc (30-Year Financial, Insider Trades) Steve Filipov (insider trades) bought 11,736 shares of MNTX on 09/05/2019 at an average price of $5.69 a share.

Manitex International Inc (MNTX) CEO Steve Filipov Bought $66,778 of Shares

Manitex International's (MNTX) CEO Dave Langevin on Q2 2019 Results - Earnings Call Transcript

In a somewhat better-than-expected NA construction equipment market in the first quarter, Manitex's 5% revenue growth was more or less in line, and gross margin exceeded expectations.

Manitex Does Well On Margins, But Orders Bear Watching

Manitex International, Inc. (MNTX) CEO Dave Langevin on Q1 2019 Results - Earnings Call Transcript

Manitex came in light with fourth quarter numbers, including orders, but 2019 appears to be off to better start.

With More Macro Uncertainty, Manitex's Ability To Execute Is Key To A Good 2019

Manitex International's (MNTX) CEO Dave Langevin on Q4 2018 Results - Earnings Call Transcript

News for Manitex Stock (MNTX)