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Market Impact: 0.15

Manitowoc Company Posts Narrower Loss In Q1

MTW
Corporate EarningsCompany Fundamentals

The Manitowoc Company reported a first-quarter net loss of $6.0 million, or $0.17 per share, slightly improved from a $6.3 million loss, or $0.18 per share, a year earlier. The result indicates broadly flat profitability with only a modest year-over-year improvement. The release is routine earnings news with limited expected market impact.

Analysis

The Manitowoc Company reported a first-quarter net loss of $6.0 million, or $0.17 per share, slightly improved from a $6.3 million loss, or $0.18 per share, a year earlier. The result indicates broadly flat profitability with only a modest year-over-year improvement. The release is routine earnings news with limited expected market impact.

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