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Manitex International Inc (MNTX.OQ)

MNTX.OQ on NASDAQ Stock Exchange Capital Market

7.40USD
28 Apr 2017
Change (% chg)

$-0.28 (-3.65%)
Prev Close
$7.68
Open
$7.69
Day's High
$7.69
Day's Low
$7.26
Volume
9,273
Avg. Vol
25,165
52-wk High
$9.88
52-wk Low
$4.98

Latest Key Developments (Source: Significant Developments)

Manitex International sees qtrly rev of $26 mln
Thursday, 27 Apr 2017 06:45am EDT 

April 27 (Reuters) - Manitex International Inc :Manitex international inc - for three months ended march 31, 2017, asv expects gaap net income of $0.0 million to $0.2 million.Manitex international inc - for three months ended march 31, 201,asv expects revenue of $26.0 million to $28.0 million.Manitex international inc - co's jv entity is party to unitranche credit agreement to provide a $65 million, 5-year credit facility.  Full Article

Manitex International announces $3 mln new crane order taken at CONEXPO 2017
Monday, 13 Mar 2017 08:01am EDT 

Manitex International Inc :Manitex International Inc - received new order for 24 Manitex cranes, for delivery in 2017 and beyond, to coastline equipment.  Full Article

Manitex International Q4 adjusted earnings per share $0.02
Monday, 6 Mar 2017 04:01pm EST 

Manitex International Inc : Manitex International Inc reports fourth quarter and full year 2016 results . Q4 adjusted earnings per share $0.02 . Q4 gaap loss per share $0.88 . Manitex International Inc says net revenues for Q4 were $65.0 million compared to $76.1 million in prior year's period .Manitex International Inc says 91% increase in backlog to $51.9 million as of january 31, 2017, compared to $27.1 million at end of Q3 of 2016.  Full Article

Manitex international inc - ASV llc joint venture entity completed a new unitranche credit agreement
Wednesday, 28 Dec 2016 09:01am EST 

Manitex International Inc : Manitex International Inc - new facility consists of a $35 million revolving credit facility and two term loans totaling $30 million . Manitex International Inc - expects to incur a charge in Q4 of 2016 to reflect a prepayment at closing of $0.4 million . Manitex International Inc - ASV llc joint venture entity completed a new unitranche credit agreement to provide a $65 million, 5-year credit facility . Manitex - balance of costs associated with previous credit facility expected to impact Q4 net earnings by about $2.2 million .Manitex International Inc announces refinancing for its ASV joint venture.  Full Article

Manitex International announces sale of CVS subsidiary
Tuesday, 27 Dec 2016 12:41pm EST 

Manitex International Inc : Manitex International Inc announces sale of CVS subsidiary . Net proceeds of $19 mln slated for debt reduction . As part of transaction, Manitex retained operations of CVS's valla division . Sold CVS unit to BP S.r.l. and NEIP III S.p.A., for $5 mln in cash, and assumption of $14 mln of net CVS debt .Expects to record in Q4,year end 2016 results certain non-cash charges for goodwill, intangible assets.  Full Article

Manitex International files for mixed shelf of upto $75 mln
Monday, 26 Sep 2016 05:41pm EDT 

Manitex International Inc :Files for a mixed shelf of upto $75 million - SEC filing.  Full Article

Manitex International reports Q2 loss per share $0.11
Thursday, 4 Aug 2016 04:01pm EDT 

Manitex International Inc : Manitex International, Inc. Reports second quarter 2016 results . Q2 revenue fell 4.2 percent to $96.3 million .Q2 loss per share $0.11.  Full Article

Manitex International announces new credit agreement
Monday, 25 Jul 2016 09:04am EDT 

Manitex International Inc : Charge expected to impact Q2 net earnings by approximately $1.4 million. .Expects to incur a charge in Q2 of 2016 to reflect deferred financing fees and expenses associated with previous credit facility.  Full Article

Manitex, subsidiaries enters into loan agreement with Privatebank
Monday, 25 Jul 2016 07:46am EDT 

Manitex International Inc : Company and certain of its subsidiaries entered into loan and security agreement with The PrivateBank and Trust Company- SEC filing . Loan agreement provides company with $45 million revolving credit facility, which has a maturity date of July 20, 2019 Source: http://bit.ly/2aFpJsH Further company coverage: [MNTX.O] ((Bengaluru Newsroom: +1 646 223 8780;)).  Full Article

Manitex International says sold Load King subsidiary to Utility One Source
Wednesday, 30 Dec 2015 09:00am EST 

Manitex International:Says transaction, which closed as of December 28, 2015, produced gross proceeds of $6.525 million in cash.Says transaction will result in an estimated after-tax book loss of approximately $1.0 million.Deal produced net proceeds of approximately $6.2 million to Manitex, which company will use to repay bank debt.Says has sold its load king subsidiary to Utility One Source.  Full Article

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BRIEF-Manitex International sees qtrly rev of $26 mln

* Manitex international inc - for three months ended march 31, 2017, asv expects gaap net income of $0.0 million to $0.2 million