Manitex Int'l (MNTX) Misses Q2 EPS by 6c
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Manitex International, Inc. Reports Second Quarter 2015 Results
August 5, 2015 4:01 PM EDTBRIDGEVIEW, IL -- (Marketwired) -- 08/05/15 -- Manitex International, Inc. (NASDAQ: MNTX), a leading international provider of cranes and specialized material and container handling equipment, today announced second quarter and first half 2015 results.
Second Quarter Highlights:
Net revenues increased 54% year-over-year to $105.6 million compared to $68.4million. Gross Profit of $19.6 million or 18.5 percent of sales compared to $13.1 million and 19.2 percent of sales in the second quarter last year. Net income of $0.1 million or $0.01 per share (inclusive of approximately $0.4 million in acquisition related costs) compared to net income of $3.0 million or $0.22 per share.... More