Manitowoc Company, Inc. Stock News

The Manitowoc Company, Inc. (NYSE:MTW ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Ion Warner - Senior Vice President, Marketing & Investor Relations Aaron Ravenscroft - President & Chief Executive Officer Brian Regan - Executive Vice President & Chief Financial Officer Operator Good day, and welcome to the Manitowoc Fourth Quarter and Full Year 2024 Ear...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported fourth-quarter net income of $56.7 million, or $1.59 per diluted share. Fourth-quarter adjusted net income(1) was $3.7 million or $0.10 per diluted share. Orders in the quarter were $515.6 million, an 8.4% increase from the prior year. Backlog as of December 31, 2024 was $650.2 mill...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (“the Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, announced today that through its wholly- owned subsidiary, MGX Equipment Services, LLC, it has completed the acquisition of certain crane assets of Ring Power Corporation (“Ring Power”). This transaction expands Manitowoc's direct-to-...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its fourth-quarter 2024 and full-year 2024 results on Wednesday, February 12, 2025, after the close of market. The Company will host an earnings call to discuss its results and outlook on Thursday, February 13, 2025, at 10:00 a.m. ET (9:00 a.m. CT). The earnings call will be available via we...

Mining and Oil & Gas Sectors Drive Demand for Vehicle Mounted Cranes in Rugged Environments Mining and Oil & Gas Sectors Drive Demand for Vehicle Mounted Cranes in Rugged Environments

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported that it agreed to the terms of a Consent Decree with the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice (DOJ) regarding alleged violations of the Transition Program for Equipment Manufacturers (TPEM), a program under the U.S. Clean Air Act. Per the ter...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW), (the “Company” or “Manitowoc”) a leading global manufacturer of cranes and lifting solutions, announced today that it was named one of America's Most Responsible Companies for the third consecutive year by Newsweek. This prestigious award is presented by Newsweek and Statista Inc., the statistics portal and industry-ranking pr...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW), (the “Company' or “Manitowoc”) announced today that it was recognized as one of the 2024 “Best for Vets” Employers by Military Times. The 2024 recipients list can be viewed on Military Times website. Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc. said, “We are honored to be named by ...