(Adds Outlook)
Manitex International, Inc. (MNTX) has lowered its full-year revenue outlook to $290 million - $300 million from $300 million - $310 million, attributing to the recent order trends.
Q2 Results:
Manitex released earnings for its second quarter that increased from the same period last year
The company's bottom line totaled $1.49 million, or $0.07 per share. This compares with $0.40 million, or $0.02 per share, in last year's second quarter.
Excluding items, Manitex International, Inc. reported adjusted earnings of $2.20 million or $0.11 per share for the period.
The company's revenue for the quarter rose 3.7% to $76.24 million from $73.53 million last year.
Manitex International, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $1.49 Mln. vs. $0.40 Mln. last year.-EPS (Q2): $0.07 vs. $0.02 last year.-Revenue (Q2): $76.24 Mln vs. $73.53 Mln last year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.