Manitex Int'l (MNTX) Tops Q4 EPS by 2c
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Manitex International, Inc. Reports Fourth Quarter and Full Year 2014 Results
March 5, 2015 4:01 PM ESTBRIDGEVIEW, IL -- (Marketwired) -- 03/05/15 -- Manitex International, Inc. (NASDAQ: MNTX), a leading international provider of cranes and specialized material and container handling equipment, today announced fourth quarter and full year 2014 results.
Full Year 2014 Financial Highlights:
Net revenues for 2014 rose 7.8% to a record $264.1 million, compared to the prior year's revenue of $245.1 million. Adjusted EBITDA (1)(2) (i.e. excluding $2.4 million of transaction related expenses) for the full year 2014 was $20.9 million, or 7.9% of sales, compared to $21.5 million and 8.8% of sales for 2013. Net income was $7.1 million or $0.51 per share, compared to net... More