Manitowoc (MTW) Tops Q4 EPS by 10c

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The Manitowoc Company Reports Fourth-Quarter and Full-Year 2020 Financial Results

February 9, 2021 4:05 PM EST

Fourth-quarter 2020 Highlights

Net sales of $430.3 million Adjusted EBITDA(1) of $34.2 million Diluted net income per share of $0.05, $0.19 on an adjusted basis(1)

Full-year 2020 Highlights

Net sales of $1,443.4 million Adjusted EBITDA(1) of $83.1 million Diluted net loss per share of $0.55, $0.35 loss on an adjusted basis(1)

MILWAUKEE--(BUSINESS WIRE)-- The Manitowoc Company, Inc. (NYSE: MTW), (the Company or Manitowoc) a leading global manufacturer of cranes and lifting solutions, today reported fourth-quarter net income of $1.8 million, or $0.05 per diluted share. Fourth-quarter... More