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Manitex International Inc (MNTX.OQ)

MNTX.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Manitex says priced its sale of 2 mln shares of ASV Holdings
Friday, 12 May 2017 08:44am EDT 

May 12 (Reuters) - Manitex International Inc :Manitex international, inc. Announces pricing for sale of half of its asv shares in an underwritten public offering.Manitex international inc - priced its sale of 2 million shares of asv holdings, inc., in an underwritten public offering..Manitex international - to get proceeds of approximately $13 million, and after sale, will retain a minority ownership interest in asv of 2.1 million shares.Manitex international inc - manitex will use proceeds of sale to repay debt.Manitex international - deconsolidation, together with co's debt repayment will result in a total reduction in manitex debt of approximately $56 million.  Full Article

Manitex International Q1 adjusted earnings per share $0.03
Thursday, 4 May 2017 04:01pm EDT 

May 4 (Reuters) - Manitex International Inc ::Manitex International Inc reports first quarter 2017 results.Q1 adjusted earnings per share $0.03.Q1 revenue $67.9 million.Q1 gaap loss per share $0.21.Manitex International Inc says 58.8% increase in backlog to $60.4 million as of March 31, 2017, compared to $38.1 million at end of December 31, 2016.  Full Article

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

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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