Manitex Int'l (MNTX) Misses Q3 EPS by 4c
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Manitex International, Inc. Reports Third Quarter 2015 Results
November 4, 2015 4:01 PM ESTBRIDGEVIEW, IL -- (Marketwired) -- 11/04/15 -- Manitex International, Inc. (NASDAQ: MNTX), a leading international provider of cranes and specialized material and container handling equipment, today announced third quarter 2015 results.
Third Quarter Highlights:
Net revenues increased 46% year-over-year to $96.7 million compared to $66.2 million. Gross Profit of $18.3 million or 18.9 percent of sales compared to $10.9 million and 16.5 percent of sales in the third quarter last year. Net income of $0.2 million or $0.01 per share compared to net income of $1.8 million or $0.13 per share. Adjusted EBITDA (1) was $7.0 million or 7.2% of sales, compared to $4.5 million or... More