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Stock impact report

Manitex International Inc (MNTX) Reports Solid Q4 and Full-Year 2023 Results [Yahoo! Finance]

Manitex International, Inc. - common stock (MNTX) 
Last manitex international, inc. - common stock earnings: 3/9 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net Income : Q4 GAAP Net Income surges to $5.2 million; Full-year net income reaches $7.4 million. Adjusted EBITDA : Q4 Adjusted EBITDA at $8.0 million; Full-year Adjusted EBITDA climbs to $29.6 million. Gross Margin : Q4 gross margin improves to 20.9%, a 162 basis point increase year-over-year. Backlog : Year-end backlog stands at $170 million, providing strong visibility into 2024. Leverage : Net leverage ratio reduced from 3.9x to 2.9x year-over-year. Liquidity : Total liquidity at approximately $31 million, supporting growth initiatives. Warning! GuruFocus has detected 5 Warning Signs with MNTX. On February 29, 2024, Manitex International Inc ( NASDAQ:MNTX ) released its 8-K filing , detailing the financial outcomes for the fourth quarter and the full year of 2023. Manitex, a leading provider of truck cranes and specialized industrial equipment, reported a steady Q4 net revenue of $78.7 million and a significant increase in full-year revenue to $291.4 million. The c Show less Read more
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