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Manitowoc reports Q1 EPS 37c, consensus 15c
The Fly

Manitowoc reports Q1 EPS 37c, consensus 15c

Reports Q1 revenue $508.3M, consensus $477.3M. "Manitowoc delivered a solid first-quarter, generating $508.3 million in revenue and $45.1 million of adjusted EBITDA. I am very proud of our team who demonstrated great resolve to overcome continuing supply chain, labor, and logistics challenges in the quarter. During the quarter, we continued to make meaningful progress on our CRANES+50 strategy by growing non-new machine sales by 16.7% year-over-year," commented Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc.

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