Manitex (MNTX) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.14 per share a year ago.
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.
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.
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 (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 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.