Manitex Non-GAAP EPS of $0.05 beats by $0.12, revenue of $65M beats by $3.2M

Nov. 03, 2022 5:02 PM ETManitex International, Inc. (MNTX)By: Meghavi Singh, SA News Editor
  • Manitex press release (NASDAQ:MNTX): Q3 Non-GAAP EPS of $0.05 beats by $0.12.
  • Revenue of $65M (+27.7% Y/Y) beats by $3.2M.
  • Adjusted EBITDA increased to $5.2M, or 8.0% of net sales.
  • Reported backlog of $207M as of September 30, 2022, represents growth of 82.3% compared to September 30, 2021.
  • Quarter-end net debt was $85.6M and the company had $32M in liquidity as of 9/30/2022.

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