The manitowoc company reports first-quarter 2022 results

Milwaukee--(business wire)--the manitowoc company, inc. (nyse: mtw), (the “company” or “manitowoc”) a leading global manufacturer of cranes and lifting solutions, today reported first-quarter net income of $3.1 million, or $0.09 per diluted share. on an adjusted basis, first-quarter net income(1) was $1.0 million, or $0.03 per diluted share. net sales in the first-quarter increased 29.6% year-over-year to $459.0 million and were unfavorably impacted by $15.8 million from changes in foreign curr
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