United States

Manitowoc Co Q1 gaap loss per share $0.26

Monday, 8 May 2017 04:39pm EDT 

May 8 (Reuters) - Manitowoc Company Inc ::The manitowoc company reports first-quarter 2017 financial results.Q1 adjusted non-gaap loss per share $0.17 from continuing operations.Q1 gaap loss per share $0.26.Q1 sales $305.8 million versus i/b/e/s view $336.8 million.Q1 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S.Sees fy 2017 revenue down about 8 to 10 percent.Q1 adjusted non-gaap loss per share $0.17.Manitowoc company inc - backlog totaled $506.3 million at march 31, 2017, up from fourth-quarter 2016 backlog of $323.8 million.Manitowoc company inc sees fy 2017 capital expenditures - approximately $30 million.2017 financial guidance for full year remains unchanged.