MTW

The Manitowoc Company Reports Third-Quarter 2023 Financial Results; Updates Full-Year 2023 Guidance; Announces $35 million Share Repurchase Program

Retrieved on: 
Wednesday, November 1, 2023

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported third-quarter net income of $10.4 million, or $0.29 per diluted share.

Key Points: 
  • The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported third-quarter net income of $10.4 million, or $0.29 per diluted share.
  • Net sales increased 14.6% year-over-year to $520.9 million and were favorably impacted by $14.5 million from changes in foreign currency exchange rates.
  • Adjusted EBITDA(1) was $33.3 million, an increase of $9.3 million or 38.8% from the prior year.
  • Backlog increased $3.5 million to $1,028.1 million as of September 30, 2023 from $1,024.6 million as of June 30, 2023.

The Manitowoc Company Schedules Third-quarter 2023 Earnings Announcement and Conference Call

Retrieved on: 
Wednesday, October 18, 2023

The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its third-quarter 2023 results on Wednesday, November 1, 2023, after the close of market.

Key Points: 
  • The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its third-quarter 2023 results on Wednesday, November 1, 2023, after the close of market.
  • The Company will host a conference call to discuss its results and outlook on Thursday, November 2, 2023, at 10:00 a.m.
  • 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 same location on the website.

The Manitowoc Company Reports Second-Quarter 2023 Financial Results; Raises Full-Year 2023 Guidance

Retrieved on: 
Monday, August 7, 2023

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.

Key Points: 
  • 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.
  • 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.
  • Backlog decreased $51.1 million to $1,024.6 million as of June 30, 2023 from $1,075.7 million as of March 31, 2023.
  • The Manitowoc Company will host a conference call for security analysts and institutional investors to discuss its second-quarter 2023 earnings results on Tuesday, August 8, 2023, at 10:00 a.m.

The Manitowoc Company Schedules Second-Quarter 2023 Earnings Announcement and Conference Call

Retrieved on: 
Monday, July 24, 2023

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.

Key Points: 
  • 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.
  • 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 same location on the website.

The Manitowoc Company to Present and Host 1x1 Investor Meetings at the 13th Annual East Coast IDEAS Conference on Thursday, June 22, 2023

Retrieved on: 
Friday, June 2, 2023

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.

Key Points: 
  • 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 & Presentations page of Manitowoc’s Investor Relations website at http://ir.manitowoc.com .

The Manitowoc Company to Present at Investor Conferences in June 2023

Retrieved on: 
Thursday, May 25, 2023

The Manitowoc Company, Inc. (NYSE: MTW) announced today that its management will participate in a fireside chat at two upcoming investor conferences:

Key Points: 
  • 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 replay of the webcast will also be available at the same location on the website.

Move This World Announces Platform Innovations for Upcoming 2023-2024 School Year

Retrieved on: 
Thursday, May 11, 2023

BROOKLYN, N.Y., May 11, 2023 /PRNewswire-PRWeb/ -- In response to a growing demand to equip adolescents with the essential skills needed to navigate their everyday lives, Move This World (MTW) announces enhancements to its interactive platform and curriculum for the upcoming 2023-24 school year. As a leading innovator in education, MTW provides students with the key life skills they need for lifelong learning and growth; skills for the classroom and beyond. For the upcoming school year, millions of students across 45 states and 9 countries can expect enhanced Move This World content inspired by authentic student voice and choice, multi-tiered systems of support, and more Spanish language inclusivity, while educators, counselors and administrators can expect the same ease of use they've come to love through the MTW platform.

Key Points: 
  • BROOKLYN, N.Y., May 11, 2023 /PRNewswire-PRWeb/ -- In response to a growing demand to equip adolescents with the essential skills needed to navigate their everyday lives, Move This World (MTW) announces enhancements to its interactive platform and curriculum for the upcoming 2023-24 school year.
  • "We're grateful to the student ambassadors who have shaped and influenced this latest innovation in how we will experience MTW content for the upcoming school year.
  • "The innovations in secondary, alongside the expanded multi-tiered systems of support (MTSS) courses, Spanish content, and educator support ensure a richer experience for educators and students."
  • Delivered through an on-demand course for educators, tools and resources are intended to support school leaders, administrators, and their teams.

The Manitowoc Company Reports First-Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 2, 2023

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported net income of $16.5 million, or $0.46 per diluted share.

Key Points: 
  • The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported net income of $16.5 million, or $0.46 per diluted share.
  • Backlog increased $19.7 million to $1,075.7 million as of March 31, 2023 from $1,056.0 million as of December 31, 2022.
  • “Manitowoc delivered a solid first-quarter, generating $508.3 million in revenue and $45.1 million of adjusted EBITDA.
  • The Manitowoc Company will host a conference call for security analysts and institutional investors to discuss its first-quarter 2023 earnings results on Wednesday, May 3, 2023, at 10:00 a.m.

The Manitowoc Company Schedules First-quarter 2023 Earnings Announcement and Conference Call

Retrieved on: 
Tuesday, April 18, 2023

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.

Key Points: 
  • 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.
  • 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 same location on the website.

Compression Works Partners with Mission to the World to Provide Life-Saving Medical Equipment to Ukraine

Retrieved on: 
Thursday, March 23, 2023

BIRMINGHAM, Ala., March 23, 2023 /PRNewswire-PRWeb/ -- Compression Works, Inc., a company dedicated to manufacturing hemorrhage control medical devices for military and first responder markets around the world, has partnered with Mission to the World (MTW) and their relief effort at Crates for Ukraine, a humanitarian relief operation to supply life-saving medical supplies to the war-torn region.

Key Points: 
  • The relief effort from MTW has been underway for over a year as donations have purchased critical medical equipment and relief products for the military and citizens of Ukraine.
  • "We were introduced to Compression Works and Dr. John Croushorn, co-founder and the inventor of the AAJT-S junctional tourniquet," said Doug Shepherd.
  • Crates for Ukraine will receive the AAJT-S devices and get them into the hands of those most in need.
  • The aid from North American donors is shipped to Lviv, Ukraine via Flexport, who partners with Crates for Ukraine.