Manitowoc(MTW) - 2024 Q1 - Quarterly Results

Exhibit 99.1 The Manitowoc Company Reports First-Quarter 2024 Financial Results First-Quarter 2024 Highlights MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc") today reported first-quarter net income of $4.5 million, or $0.12 per diluted share. First-quarter adjusted net income (1) was $5.1 million, or $0.14 per diluted share. Net sales in the first quarter decreased 2.6% year-over-year to $495.1 million. First-quarter adjusted EBITDA (1) was $31.3 million, a decrease ...